IBM Stock Is a Cheap Bet on a Big Turnaround [Yahoo! Finance News]
International Business Machines Corporation (IBM)
Last international business machines corporation earnings: 4/20 04:08 pm
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Source: Yahoo! Finance News
International Business Machines (NYSE:IBM) has been one of the most frustrating stocks in the market in recent years. As cloud competitors have zoomed by, IBM stock has headed south. Shares are down 46% from 2013 highs.Source: Laborant / Shutterstock.com The novel coronavirus crisis has provided another challenge. IBM was actually showing some momentum at the beginning of the year. A fourth-quarter earnings beat in late January sent IBM stock rallying to its highest levels in almost two years. Investors welcomed new leadership, including chief executive officer Arvind Krishna.That good news seemingly has been forgotten over the last two months. But as is the case with so many names in this market, investors are focusing too much on short-term risk, and ignoring the long-term case.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThere were reasons investors were optimistic toward IBM's long-delayed turnaround in February. Those reasons still should hold in April. IBM Falls
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IBM
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- 11/7/25 - Form 4
- 11/7/25 - Form 25-NSE
- IBM's page on the SEC website