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U.S inflation hot, GDP cool, Wall Street down, TSX flatS&P hits another high, earnings hits and missesYields up, earnings good, stocks wobbleThis summary was created by AI, based on 25 opinions in the last 12 months.
IBM Common Stock has received mixed reviews from experts, with some praising its potential in the AI and cloud space, while others express concerns about its growth and performance. The company has been undergoing transitions and acquisitions, such as Red Hat, to position itself for future growth. The stock is seen as a potential dividend play with some analysts optimistic about its long-term stability.
The unwind of one factor end tends to be positive on the other. So momentum unwinds into value.
They report next week. Trades at 18x PE, shares up 11% this year and the street expects 4% revenue growth, $12 billion free cash flow while earnings should growth around 5% annually in coming year.
They report next week. They've become a leading AI consulting firm and thrive in software and cloud.
A few eyars ago they bought Red Hat, the basis of their cloud and AI business, which is now making some noise. IBM has partnered with Meta in AI. It trades below 20x, reasonable. Good opportunity through organic growth. Likes it.
Transitioning to more services. Has done all right. Trades at 16x. Has to prove it can grow double-digit earnings on a sustainable basis before it gets recognition from market, and this is harder for such a large company. Higher rates are impacting customers' budgets, seeing softness.
Legacy tech. Good, likes it. But in that area, other names are better constructed to take advantage of what we expect to happen over the next couple of years in AI integration in data centres and the like. Great company, but not always the best stock. See his Top Picks.
Really good restructuring into higher-margin services. Can't seem to get out of its own way. Growth trajectory and margins are not compelling. Pretty sure dividend is safe. Not sure lots of upside, given current valuation.
It is at a cheaper valuation and they are re-shaping themselves as a smaller company. You are not paying a big premium and he may consider buying it back.
They started to rest on their laurels when they got too big and lost their edge on AI. Their revenue is finally starting to go up. It compliments other tech areas and companies like NVIDIA and he owns it for the other side of AI.
Getting pricey, with a price target of $194.25, only a couple of dollars away. Keep your eye on it. Try to get it in the $180s, and $170s would be a great place to pick it up.
It has languished for many years compared to others in the same field. It has run up recently due to the AI frenzy/opportunity but there has been no big improvement in revenue and earnings. The largest component by far is consultation.
Legacy name that's trying to adapt. Now much more about services and subscriptions. Getting into AI through Watson, which long ago beat a world-class chess player and won a bunch of money on Jeopardy! Partnered with META and OpenAI. 18x earnings, not expensive. Good yield of 3.37%.
(Analysts’ price target is $183.38)Sold some AVGO to buy this recently. It trades at under 3x sales. Free cash flow has grown in the last 6 quarters from $7 billion to $12 billion, which he loves. Wants to see the 3% dividend grow. They get AI exposure through Red hat and Watson X. Shares have done nothing for 3-5 years, but the last quarter was excellent. It's old-school tech, but more conservative than AI stocks and is dividend-focused. It's not the old IBM. Very optimistic.
Pretty fairly priced, price target is $194.25. One of the first on the AI bandwagon with Watson. Pretty significant play in the cloud, especially with Red Hat acquisition. Spun off hardware, now a software company. Decent runway.
Price target raised, though it's below the current share price. As we move into cloud, big data and AI, the big winners are in data like IBM. IBM is old and sleepy, but they bought Red Hat and will be a winner in this space, though not flashy but rather slow and steady. Pays a nearly 4% as you wait.
IBM Common Stock is a American stock, trading under the symbol IBM-N on the New York Stock Exchange (IBM). It is usually referred to as NYSE:IBM or IBM-N
In the last year, 26 stock analysts published opinions about IBM-N. 13 analysts recommended to BUY the stock. 9 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for IBM Common Stock.
IBM Common Stock was recommended as a Top Pick by on . Read the latest stock experts ratings for IBM Common Stock.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
26 stock analysts on Stockchase covered IBM Common Stock In the last year. It is a trending stock that is worth watching.
On 2024-07-26, IBM Common Stock (IBM-N) stock closed at a price of $191.75.