Contrary to public opinion, the long-term implications of cloud computing on the storage and computing businesses are very positive. Western Digital (WDC) is highly undervalued at anything below $70/share as this company stands to benefit more from cloud computing than it will suffer.
When McDonalds (MCD) made my Most Attractive Stocks list this month, I must admit I let out a small cheer. This company is one of the better-run businesses in the world. I have long eyed the stock in hopes that it would get cheap enough to dig into and now it has.
Weighted-Average Cost of Capital (WACC) is the average of debt and equity capital costs that all publicly traded companies with debt and equity stakeholders incur as a cost of operating.
NOPAT is the after-tax operating cash generated by the business, excluding unusual losses and gains, financing costs, goodwill and other non-cash items.