Losses shrink at Kyndryl

KYNDRYL HOLDINGS INC. $14 is a hold. The company (New York symbol KD; Conservative Growth Portfolio; Manufacturing sector; Shares outstanding: 226.8 million; Market cap: $3.2 billion; Price-to-sales ratio: 0.2; No dividends paid; TSINetwork Rating: Extra Risk; www.kyndryl.com) took its current form on November 3, 2021, when International Business… Read More

Here are three key updates on your portfolio

PHILIPS ELECTRONICS N.V. ADRs $14 is now a hold. Shares in the medical device maker (New York symbol PHG; Conservative Growth Portfolio, Manufacturing sector; ADRs outstanding: 870.2 million; Market cap: $12.2 billion; Price-to-sales ratio: 0.6; Dividend yield: 6.5%; TSINetwork Rating: Average; www.philips.com) have dropped 65% since the start… Read More

IBM spinoff off to a rough start

KYNDRYL HOLDINGS INC. $10 is a hold. The company (New York symbol KD; Manufacturing & Industry sector; Shares outstanding: 226.8 million; Market cap: $2.3 billion; No dividends paid; Takeover Target Rating: Medium; www.kyndryl.com) took its current form on November 3, 2021, when International Business Machines Corp. (New York symbol… Read More

Get a 5.0% yield from IBM Corp.

Get a 5.0% yield from IBM Corp.

Key changes in its operations has moved this leading tech deeper into cloud-based computing services. Its “hybrid cloud” technology runs programs on remote servers as well as on the client’s own computers and gives it an edge over competitors.

As part of its new direction, it… Read More