Two Technology Stocks Are Hot: Western Digital Corporation (WDC), Intuit Inc. (INTU)

Western Digital Corporation (WDC) ended last trading session with a change of 0.93 percent. It trades at an average volume of 3.87M shares versus 2.1M shares recorded at the end of last trading session. The share price of $75.7 is at a distance of 122.29 percent from its 52-week low and down -7.31 percent versus its peak. The company has a market cap of $21.59B and currently has 285.23M shares outstanding. The share price is currently -0.54 percent versus its SMA20, 0.93 percent versus its SMA50, and 29.49 percent versus its SMA200. The stock has a weekly performance of -1.43 percent and is 11.41 percent year-to-date as of the recent close.

March 7, 2017 — Delivering the possibilities of data, Western Digital Corp. (WDC) announced that the HGST Active Archive System, the first in a family of products to include the ActiveScale™ P100 and X100, is enabling the École Polytechnique Fédérale de Lausanne (EPFL) to archive more than 17,000 hours’ worth of live music, video, and data from the Montreux Jazz Festival to instantly enjoy, study and interact with the content well into the future. Converted from tape to digital format and stored on the HGST Active Archive System, the performances and supporting data are easily accessible in real-time and on-demand, removing physical and technological barriers, and resulting in substantial research and production workflow improvements at EPFL.

Intuit Inc. (INTU) recently recorded 0.01 percent change and currently at $124.95 is 28.91 percent away from its 52-week low and down -2.72 percent versus its peak. It has a past 5-day performance of -0.91 percent and trades at an average volume of 1.18M shares. The stock has a 1-month performance of 7.63 percent and is 9.34 percent year-to-date as of the recent close. There were about 256.3M shares outstanding which made its market cap $32.02B. The share price is currently 1.79 percent versus its SMA20, 4.82 percent versus its SMA50, and 10.95 percent versus its SMA200.

On March 7, 2017 Intuit Inc. (INTU) announced plans to launch QuickBooks Self-Employed, a new way for the Singaporean self-employed community to stay on top of business expenses. The company also opened registration for customers to sign up for an exclusive beta testing opportunity to share the challenges they face and provide feedback on how the product can help them.