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Western Digital vs. Micron: Which Data Storage Stock to Choose?

The data storage industry is experiencing significant growth, due to the rising penetration of Internet of Things (IoT) in different industries such as retail, manufacturing, and healthcare, as well as an increase in the adoption of cloud computing. According to a Grand View Research report, the data storage market was worth $53.1 billion in 2018 and is projected to grow at a Compounded Annual Growth Rate (CAGR) of 12.5% between 2019 to 2025. Using the TipRanks Stock Comparison tool, let us comp