Western Digital Corp. (NASDAQ:WDC)

The coronavirus lockdowns have changed the way we work and keep in touch with each other.

We’re more reliant on tech than ever before — which is why there is a feeling like everyone has recently upgraded their phone… laptop… tablet… and other devices.

People are using this equipment to send electronic business documents back and forth — from memos to manuals and handbooks.

They’re also recording meetings… sharing photos… streaming videos… both for their job and to stay in touch with loved ones.

All of this new content is really nothing more than data that must be uploaded, transmitted delivered, viewed and ultimately stored.

And one of the biggest beneficiaries of all this data generation is Western Digital Corp. (WDC).

Its products include everything from disk drives for computers to memory chips embedded in mobile phones and tablets.

It also makes components that help store information for wearable devices and web-enabled products — the up-and-coming “internet of things.”

And WDC offers storage solutions for data centers — the facilities that house most of the Internet’s content.

Everything from YouTube and Facebook data to corporate files — the “cloud” content that allows people to do their jobs virtually anywhere they have an internet connection.

In short, WDC is sitting right in the crosshairs of today’s accelerated demand for digital storage.

Looking at the recent trading history for WDC, I expect a buyout to be priced somewhere around $72.

This is basically where the stock was trading before the coronavirus crisis caused shares to trade lower.

It would make sense for a big tech manufacturer or data center company — like Microsoft, Amazon.com or Apple — to spend a small portion of their massive cash positions to buy out WDC.

Not only would they secure an important supplier (giving them access to the chips they need to grow data centers, produce tech products and design upgrades), but it would also give the buyer a competitive edge against its rivals!

Apple, for instance, could use WDC’s assets to manufacture its own memory chips while also limiting Amazon’s or Microsoft’s ability to compete in some of their overlapping businesses.

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