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Top Stock Picks for the Week of April 16th

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Valero Energy Corporation (VLO - Free Report) , is an independent oil refiner. The company has a Zacks Value and Momentum score of ‘A’. It’s experiencing rising earnings estimates and major stock price appreciation. Among independent refiners, Valero has the most diversified refinery base and a significant dividend yield.  

Western Digital (WDC - Free Report) , is one of the largest hard disk drive (HDD) producers in the U.S. This Zacks Rank #1, Strong Buy, is experiencing healthy demand in its end-markets for high capacity enterprise hard drives and flash-based products. The company’s strong cash balance of $6.27 billion and positive operating cash flow of $1.18 billion at the end of second-quarter of fiscal 2018 have enabled it to grow through acquisitions. These strategic takeovers are expected to provide the company with a competitive edge.  

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>

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