Hard disk drive manufacturers poised to make a killing

Valuations of the two market leading hard disk drive (HDD) manufacturers Seagate (STX) and Western Digital (WDC) reflect the widespread belief that the days of HDD as the key solution for storing information are numbered.

To understand whether the demise of HDD is correctly predicted, I dug deeper into the following topics most commonly cited to be the reason for the depressed valuations of these companies:

• Death of traditional PC
• Shift to cloud
• Solid-state drive (SSD) replacing HDD

You can find my article from Seeking Alpha.