Analyst View, Impact of Global Events - Research Report on Western Digital Corp. and Buffalo Wild Wings
October 21 2011 - 9:00AM
Marketwired
Today, www.WorldStreetFundamentals.com released its industry report
highlighting Western Digital Corp. (NYSE: WDC) and Buffalo Wild
Wings (NASDAQ: BWLD). Full fundamental and technical analysis is
available at
www.WorldStreetFundamentals.com/Reports.php?id=WDC+BWLD.
Short-term outlooks within US and global economies continue to
adjust downward, as US Treasury yields touched their lowest levels
in over 65 years. International Monetary Fund downgraded estimates
for US growth by 1.0% this year, down from 2.5%. "Significant
downside risks" to the US economy were confirmed by the Federal
Reserve pressured by "strains in global financial markets."
As the US dollar trades above an eight-month high against the
Euro, it highlights a deepening of the Eurozone sovereign debt
crisis -- furthered by continued policy inaction from European
governments. We expect continued volatility until economic data
stabilizes and we see decisive policy action to deal with the
Eurozone debt crisis.
Our members are preparing for a turn in tides. Currently, the
Credit Suisse Risk Appetite Indicator is at a 30-year low. For the
past three occurrences, this level has acted as a leading indicator
of large stock market rallies 18 months following.
World Street Fundamentals has highlighted Western Digital Corp.
for its current position within the technology industry. Western
Digital Corporation (WD) designs, develops, manufactures and sells
hard drives. It sells its products worldwide to original equipment
manufacturers (OEMs) and original design manufacturers (ODMs) for
use in computer systems, subsystems or consumer electronics (CE)
devices, and to distributors, resellers and retailers. The entire
report on Western Digital Corp. (NYSE: WDC) is available here:
www.WorldStreetFundamentals.com/Report.php?id=WDC.
World Street has featured Buffalo Wild Wings for its development
within the services industry. Buffalo Wild Wings, Inc. is an owner,
operator and franchisor of restaurants featuring a variety of menu
items, including its Buffalo, New York-style chicken wings spun in
any of its 14 signature sauces or four signature seasonings. The
entire report on Buffalo Wild Wings (NASDAQ: BWLD) is available
here: www.WorldStreetFundamentals.com/Report.php?id=BWLD.
About World Street World Street Fundamentals is an online portal
for professionals, investors and newcomers to the markets to find
in-depth comprehensive research and research tools to help guide
you through the ever-changing financial markets.
Contact: Adam Redford Email Contact
www.WorldStreetFundamentals.com
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