IBM

IBM-N

NYSE:IBM

125.03
1.67 (1.32%)
The International Business Machines Corporation is an American multinational technology company headquartered in Armonk, New York, United States, with operations in over 170 countries.
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Analysis and Opinions about IBM-N

Signal
Opinion
Expert
COMMENT
COMMENT
July 28, 2020
The granddaddy of US tech stocks, but didn't adapt well to the digital age. It's had declining sales, though remains profitable. Not a growth stock. But it pays a safe 5% dividend.
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IBM (IBM-N)
July 28, 2020
The granddaddy of US tech stocks, but didn't adapt well to the digital age. It's had declining sales, though remains profitable. Not a growth stock. But it pays a safe 5% dividend.
DON'T BUY
DON'T BUY
June 26, 2020
He is not a fan. It trades at 11 times earnings. He thinks they are late to the club to the cloud business. They have only been buying back shares, rather than demonstrating real business growth. The new CEO is more cloud-based, but it will take time. There are better opportunities out there. Yield 5.6%
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IBM (IBM-N)
June 26, 2020
He is not a fan. It trades at 11 times earnings. He thinks they are late to the club to the cloud business. They have only been buying back shares, rather than demonstrating real business growth. The new CEO is more cloud-based, but it will take time. There are better opportunities out there. Yield 5.6%
BUY
BUY
June 18, 2020

They purchased Red-hat and the market has not given them credit for this. He thinks it will lead to considerable upside. They buy back shares most years as well as raising the dividend. He thinks there is real value here. This one will not be hit as much by a correction.

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IBM (IBM-N)
June 18, 2020

They purchased Red-hat and the market has not given them credit for this. He thinks it will lead to considerable upside. They buy back shares most years as well as raising the dividend. He thinks there is real value here. This one will not be hit as much by a correction.

WATCH
WATCH
April 23, 2020
For the past twelve years the return on equity for IBM as well as the price to book was going up. But for the last six years the ROE has been falling and the price to book as fallen steadily. It has been struggling. They have to focus on profitability. The stock got down to a level he expected and he had a sell recommendation for the last 5 years. He is going to be watching to see if the company can hang on here.
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IBM (IBM-N)
April 23, 2020
For the past twelve years the return on equity for IBM as well as the price to book was going up. But for the last six years the ROE has been falling and the price to book as fallen steadily. It has been struggling. They have to focus on profitability. The stock got down to a level he expected and he had a sell recommendation for the last 5 years. He is going to be watching to see if the company can hang on here.
WATCH
WATCH
April 13, 2020

It is a tough one. He would like to see a quarter or two with Red Hat before deciding to go in. He is not rushing out.

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IBM (IBM-N)
April 13, 2020

It is a tough one. He would like to see a quarter or two with Red Hat before deciding to go in. He is not rushing out.

BUY
BUY
March 11, 2020

IBM vs. MSFT Likes MSFT, but it's too expensive for its growth rate. IBM is interesting. Has momentum, growing in the cloud. RedHat's revenue accelerating. Incredibly cheap. Good dividend and pretty safe. Only thing is, it's not best in breed, which is where the money will go first. But it's a fine name.

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IBM (IBM-N)
March 11, 2020

IBM vs. MSFT Likes MSFT, but it's too expensive for its growth rate. IBM is interesting. Has momentum, growing in the cloud. RedHat's revenue accelerating. Incredibly cheap. Good dividend and pretty safe. Only thing is, it's not best in breed, which is where the money will go first. But it's a fine name.

DON'T BUY
DON'T BUY
February 21, 2020

This is a relatively cheap tech company, but that could be from the fact they have segments that have not been befitting from all the tech trends. They have a lot of legacy assets that are not growing as fast. He would not be a buyer. (Analysts’ price target is $150.33)

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IBM (IBM-N)
February 21, 2020

This is a relatively cheap tech company, but that could be from the fact they have segments that have not been befitting from all the tech trends. They have a lot of legacy assets that are not growing as fast. He would not be a buyer. (Analysts’ price target is $150.33)

BUY
BUY
February 19, 2020
A solid company, though IBM has come off recently after a strong run. Has long-term potential and will be around in 10 years when some tech companies won't. This is a 5-10 year play as long as the valuation is good.
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IBM (IBM-N)
February 19, 2020
A solid company, though IBM has come off recently after a strong run. Has long-term potential and will be around in 10 years when some tech companies won't. This is a 5-10 year play as long as the valuation is good.
COMMENT
COMMENT
February 14, 2020

IBM vs ORCL? Everyone is looking for the next MSFT. He would go with IBM. There are some new high level managers, who he feels will best take them into that direction. The problem with IBM is that the shares are trading near where analysts are setting their target price. He might buy 1/3 of a position here.

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IBM (IBM-N)
February 14, 2020

IBM vs ORCL? Everyone is looking for the next MSFT. He would go with IBM. There are some new high level managers, who he feels will best take them into that direction. The problem with IBM is that the shares are trading near where analysts are setting their target price. He might buy 1/3 of a position here.

DON'T BUY
DON'T BUY
February 12, 2020

Oracle vs. IBM You get what you pay for. He's never made money in a value tech stock. If a tech stock can't grow, how can it attract investors? Oracle has legacy issues. Neither Oracle or IBM is his first choice. There are better choices in tech.

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IBM (IBM-N)
February 12, 2020

Oracle vs. IBM You get what you pay for. He's never made money in a value tech stock. If a tech stock can't grow, how can it attract investors? Oracle has legacy issues. Neither Oracle or IBM is his first choice. There are better choices in tech.

PARTIAL BUY
PARTIAL BUY
February 11, 2020

He bought it last year around $140. They put the CEO of Red Hat (that they bought) to be their president, and head of cloud services of RH to be IBM's CEO, but this is a big ship to turn around. Their legacy businesses are in decline and are not as well-positioned as peers MSFT and Amazon. Their cloud services grew 25% last quarter. There should be higher growth in the future.

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IBM (IBM-N)
February 11, 2020

He bought it last year around $140. They put the CEO of Red Hat (that they bought) to be their president, and head of cloud services of RH to be IBM's CEO, but this is a big ship to turn around. Their legacy businesses are in decline and are not as well-positioned as peers MSFT and Amazon. Their cloud services grew 25% last quarter. There should be higher growth in the future.

BUY
BUY
February 6, 2020
You need to grow your earnings if you want to do well in the market and should grow your profitability steadily. IBM-N has failed at these. As a result the shares have fallen lower and lower. They gave us a technical buy signal and he thinks this stock could bounce to $164 and is good for a trade. The ROE is continuing to fall, however, so it is only good for a trade.
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IBM (IBM-N)
February 6, 2020
You need to grow your earnings if you want to do well in the market and should grow your profitability steadily. IBM-N has failed at these. As a result the shares have fallen lower and lower. They gave us a technical buy signal and he thinks this stock could bounce to $164 and is good for a trade. The ROE is continuing to fall, however, so it is only good for a trade.
SPECULATIVE BUY
SPECULATIVE BUY
January 21, 2020
As a trade Short-term: buy. Any longer, this fails to break past $150, a level it hasn't breached for a long time.
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IBM (IBM-N)
January 21, 2020
As a trade Short-term: buy. Any longer, this fails to break past $150, a level it hasn't breached for a long time.
DON'T BUY
DON'T BUY
December 24, 2019
The chart is forming a triangle, which will either break up or down, based on investor indecision. He predicts a market pullback in coming weeks, so he predicts IBM will break down. Have stop levels in place. There are better charts elsewhere.
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IBM (IBM-N)
December 24, 2019
The chart is forming a triangle, which will either break up or down, based on investor indecision. He predicts a market pullback in coming weeks, so he predicts IBM will break down. Have stop levels in place. There are better charts elsewhere.
BUY
BUY
November 28, 2019
IBM is getting into the cloud business and he believes they will benefit with banks moving to the cloud. Home Capital has moved their business in the cloud and they used IBM. 4% yield.
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IBM (IBM-N)
November 28, 2019
IBM is getting into the cloud business and he believes they will benefit with banks moving to the cloud. Home Capital has moved their business in the cloud and they used IBM. 4% yield.
COMMENT
COMMENT
November 19, 2019
Warrant Buffet never throws in the towel – he does not sell anything. He sold this. The company has revenue growth in decline, the balance sheet is getting worse and they are propping up the stock by share buybacks. They acquired Red Hat at a ridiculous multiple. IBM is so far behind AMZN-Q in Cloud.
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IBM (IBM-N)
November 19, 2019
Warrant Buffet never throws in the towel – he does not sell anything. He sold this. The company has revenue growth in decline, the balance sheet is getting worse and they are propping up the stock by share buybacks. They acquired Red Hat at a ridiculous multiple. IBM is so far behind AMZN-Q in Cloud.
SPECULATIVE BUY
SPECULATIVE BUY
November 13, 2019
In this year of great volatility in the tech space, he uses IBM more as a trading stock. Buy it at $130 and sell it at $170. He is looking at it again, but puzzling why it is down at the lower range again. They have a lot of hidden value in their patents that go into cognitive and AI deep learning, both of which will be in the auto autonomous growth space. (Analysts’ price target is $148.00)
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IBM (IBM-N)
November 13, 2019
In this year of great volatility in the tech space, he uses IBM more as a trading stock. Buy it at $130 and sell it at $170. He is looking at it again, but puzzling why it is down at the lower range again. They have a lot of hidden value in their patents that go into cognitive and AI deep learning, both of which will be in the auto autonomous growth space. (Analysts’ price target is $148.00)
WEAK BUY
WEAK BUY
October 18, 2019

He wouldn't buy IBM for the dividend. The valuation is good. The risk is Red Hat to move to cloud computing that hasn't paid off yet. It's at a 10 times multiple, so it is still pretty cheap. The balance sheet looks good. Current yield of 4.8% is safe.

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IBM (IBM-N)
October 18, 2019

He wouldn't buy IBM for the dividend. The valuation is good. The risk is Red Hat to move to cloud computing that hasn't paid off yet. It's at a 10 times multiple, so it is still pretty cheap. The balance sheet looks good. Current yield of 4.8% is safe.

DON'T BUY
DON'T BUY
October 16, 2019

IBM should be killing it now--huge--considering macro tech trends like machine-learning, but IBM doesn't, can't, make it happen. They were a hardware business then acquired software businesses which increased their profits. After that, they bought back shares, which is a good idea in general, but IBM should not have. Rather, they should have reinvested to innovate. He doesn't know if their Red Hat deal will work out.

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IBM (IBM-N)
October 16, 2019

IBM should be killing it now--huge--considering macro tech trends like machine-learning, but IBM doesn't, can't, make it happen. They were a hardware business then acquired software businesses which increased their profits. After that, they bought back shares, which is a good idea in general, but IBM should not have. Rather, they should have reinvested to innovate. He doesn't know if their Red Hat deal will work out.

TOP PICK
TOP PICK
October 8, 2019

The most hated stock on the S&P. IBM is doing a lot of things right. It trades much lower vs. its peers, so it doesn't take a lot to get a 20-30% return out of it. The bar is set so low. The EPS is around 10-11x. They just closed on the Red Hat cloud deal. Revenue growth is 2-3% annual, but they are cutting out big-revenue, but low-margin contracts which should improve their bottom line. Red Hat's CEO could be the next IBM head, which is a plus. (Analysts’ price target is $154.76)

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IBM (IBM-N)
October 8, 2019

The most hated stock on the S&P. IBM is doing a lot of things right. It trades much lower vs. its peers, so it doesn't take a lot to get a 20-30% return out of it. The bar is set so low. The EPS is around 10-11x. They just closed on the Red Hat cloud deal. Revenue growth is 2-3% annual, but they are cutting out big-revenue, but low-margin contracts which should improve their bottom line. Red Hat's CEO could be the next IBM head, which is a plus. (Analysts’ price target is $154.76)

DON'T BUY
DON'T BUY
October 3, 2019
They are a single digit grower, with a well supported dividend. It is a hardware name. He likes the theme. He prefers IGB-N.
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IBM (IBM-N)
October 3, 2019
They are a single digit grower, with a well supported dividend. It is a hardware name. He likes the theme. He prefers IGB-N.
DON'T BUY
DON'T BUY
August 26, 2019

It's cheap now and making good cash flow. However, it isn't growing. It missed out of the cloud computing business. They paid a lot for Red Hat, and integrating that will be interesting and no guarantee it'll work. IBM is on probation for him. He'd rather buy MSFT or Google.

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IBM (IBM-N)
August 26, 2019

It's cheap now and making good cash flow. However, it isn't growing. It missed out of the cloud computing business. They paid a lot for Red Hat, and integrating that will be interesting and no guarantee it'll work. IBM is on probation for him. He'd rather buy MSFT or Google.

PAST TOP PICK
PAST TOP PICK
August 12, 2019

(A Top Pick Jul 23/18, Down 2%) A value tech stock. He sold this and bought Google, because it was growing faster. IBM has trouble growing; it's been stagnant.

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IBM (IBM-N)
August 12, 2019

(A Top Pick Jul 23/18, Down 2%) A value tech stock. He sold this and bought Google, because it was growing faster. IBM has trouble growing; it's been stagnant.

HOLD
HOLD
July 30, 2019

He bought it about two months ago around $140. The Red Hat acquisition created a buying opportunity he thought. The company is moving into the cloud space and IBM has strong footholds with the banks in the data space. When the banks move to the cloud, IBM will be the company they turn to. He is very comfortable with this being a solid hold.

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IBM (IBM-N)
July 30, 2019

He bought it about two months ago around $140. The Red Hat acquisition created a buying opportunity he thought. The company is moving into the cloud space and IBM has strong footholds with the banks in the data space. When the banks move to the cloud, IBM will be the company they turn to. He is very comfortable with this being a solid hold.

WAIT
WAIT
July 29, 2019
He wants to see how the balance sheets looks after the acquisition of Red Hat. He wants to wait to see how it unfolds in the September financials.
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IBM (IBM-N)
July 29, 2019
He wants to see how the balance sheets looks after the acquisition of Red Hat. He wants to wait to see how it unfolds in the September financials.
DON'T BUY
DON'T BUY
June 19, 2019
A tempting 4.7% dividend. It's also very cheap at 10x 2020 earnings. Their most recent quarter reflected solid global cloud services. Their Red Hat acqusition could drive IBM revenues. But he models only 3% EPS growth. Q1 revenue was lower than expected as was forward guidance. It's an okay name and okay dividend, but you're better off with higher tech names, even without dividends.
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IBM (IBM-N)
June 19, 2019
A tempting 4.7% dividend. It's also very cheap at 10x 2020 earnings. Their most recent quarter reflected solid global cloud services. Their Red Hat acqusition could drive IBM revenues. But he models only 3% EPS growth. Q1 revenue was lower than expected as was forward guidance. It's an okay name and okay dividend, but you're better off with higher tech names, even without dividends.
DON'T BUY
DON'T BUY
March 6, 2019
He'd stay away from hardware, though their chart is OK. Their chart is approaching resistance where previous shareholders will sell off as the share price recover ground. Due to Apple, computer hardware has really struggled. IBM has a buyback in place and pays 5% yield. They are doing the right things, but look elsewhere.
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IBM (IBM-N)
March 6, 2019
He'd stay away from hardware, though their chart is OK. Their chart is approaching resistance where previous shareholders will sell off as the share price recover ground. Due to Apple, computer hardware has really struggled. IBM has a buyback in place and pays 5% yield. They are doing the right things, but look elsewhere.
DON'T BUY
DON'T BUY
January 31, 2019
Unlike like the rest of the sector it has declining revenues. They spent too much o an acquisition. It has been a poor capital allocator. Needs to generate organic growth.
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IBM (IBM-N)
January 31, 2019
Unlike like the rest of the sector it has declining revenues. They spent too much o an acquisition. It has been a poor capital allocator. Needs to generate organic growth.
DON'T BUY
DON'T BUY
January 7, 2019
At its low? Terrible balance sheet. Grasping at straws, making an expensive acquisition because they're late to the party. Not at all interested. Buy Apple if you're looking for a beaten-up tech company.
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IBM (IBM-N)
January 7, 2019
At its low? Terrible balance sheet. Grasping at straws, making an expensive acquisition because they're late to the party. Not at all interested. Buy Apple if you're looking for a beaten-up tech company.
COMMENT
COMMENT
November 29, 2018
IBM (IBM-N) vs Microsoft (MSFT-Q) No brainer for him he prefers Microsoft. Microsoft is up 30% YTD, they are doing a lot of things very well. He would buy half Microsoft and half Apple and would leave IBM out of this. Microsoft is not cheap, Apple is cheap, so at least you are getting some value incorporated into the investment.
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IBM (IBM-N)
November 29, 2018
IBM (IBM-N) vs Microsoft (MSFT-Q) No brainer for him he prefers Microsoft. Microsoft is up 30% YTD, they are doing a lot of things very well. He would buy half Microsoft and half Apple and would leave IBM out of this. Microsoft is not cheap, Apple is cheap, so at least you are getting some value incorporated into the investment.
COMMENT
COMMENT
November 21, 2018
Cheap at 9.6x earnings. Solid dividend. Red Hat deal was good for them. It's tempting to buy now, but...he needs to see more of a catalyst, other companies with better growth.
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IBM (IBM-N)
November 21, 2018
Cheap at 9.6x earnings. Solid dividend. Red Hat deal was good for them. It's tempting to buy now, but...he needs to see more of a catalyst, other companies with better growth.
DON'T BUY
DON'T BUY
November 20, 2018
There are better tech investments out there. Red Hat was a pricey acquisition, a sign that they need to restart long-term growth. Behind the game in the Cloud. Microsoft, Amazon, and Google, all have a better toehold.
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IBM (IBM-N)
November 20, 2018
There are better tech investments out there. Red Hat was a pricey acquisition, a sign that they need to restart long-term growth. Behind the game in the Cloud. Microsoft, Amazon, and Google, all have a better toehold.
BUY
BUY
November 16, 2018
It’s in the right place. It’s selling off with everything else. Very appetizing here.
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IBM (IBM-N)
November 16, 2018
It’s in the right place. It’s selling off with everything else. Very appetizing here.
VAGUE
VAGUE
November 8, 2018
Company that has historically used propitiatory software and buying an open source company. Very interesting. They have a very good portfolio of big-ticket software solutions for banks and clients like that. They had some restructuring. In case of a correction would probably do well because it is down heavily. He is worry a little bit about their debt. (Analysts’ price target is $155.88)
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IBM (IBM-N)
November 8, 2018
Company that has historically used propitiatory software and buying an open source company. Very interesting. They have a very good portfolio of big-ticket software solutions for banks and clients like that. They had some restructuring. In case of a correction would probably do well because it is down heavily. He is worry a little bit about their debt. (Analysts’ price target is $155.88)
DON'T BUY
DON'T BUY
October 31, 2018
They did a huge deal with Red Hat this week. Over the last 10 years IBM has been a disaster. With Red Hat, they're getting into the cloud space, but this move is too late. Also, IBM paid a lot for Red Hat. For years, IBM neglected their structural decline and only now they get into cloud. IBM must slim down by selling more divisions and only then focus to the cloud.
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IBM (IBM-N)
October 31, 2018
They did a huge deal with Red Hat this week. Over the last 10 years IBM has been a disaster. With Red Hat, they're getting into the cloud space, but this move is too late. Also, IBM paid a lot for Red Hat. For years, IBM neglected their structural decline and only now they get into cloud. IBM must slim down by selling more divisions and only then focus to the cloud.
DON'T BUY
DON'T BUY
October 26, 2018

Contrarian investors think that beaten-up stocks like this will turn around. IBM just beat their Q3 slightly, but there's no growth. He sees -2% growth. The dividend is solid. If you have US dollars, look at BAC instead.

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IBM (IBM-N)
October 26, 2018

Contrarian investors think that beaten-up stocks like this will turn around. IBM just beat their Q3 slightly, but there's no growth. He sees -2% growth. The dividend is solid. If you have US dollars, look at BAC instead.