IBM

New firms spun off from larger companies sometimes rise quickly, like Carrier and Otis. That’s probably because investors are familiar with their products and like their prospects. However, others such as Viatris and Kyndryl, are more obscure and need a few years to build a following....
CAMPBELL SOUP CO., $46.93, New York symbol CPB, is still a buy for long-term gains.

Under its new strategic plan, which began in 2018, Campbell sold most of its international and refrigerated-foods businesses. That let it focus on canned soups, pasta and V8 vegetable juices....
IBM shares held up well despite the recent sharp downturn in many tech stocks. That’s because unlike most of those technology companies, IBM is consistently profitable—and its high, sustainable dividend also helps support its stock price. Meanwhile, in response to slowing demand for its traditional mainframe computers and consulting services, IBM has shifted its focus to the faster-growing field of cloud computing....
The recent market downturn has hit technology stocks particularly hard. That inherent volatility is why we advise investors to stick with well-established tech firms with popular products and services, such as Apple, Intel and IBM. All of them remain in a strong position to quickly rebound with the overall market....
IBM, $137.40, is still a buy. The company (New York symbol IBM; Shares o/s: 899.3 million; Market cap: $119.2 billion; TSINetwork Rating: Above Average; Dividend yield: 4.8%) is one of the world’s largest computing firms, with operations in over 175 countries.


Thanks to strong growth at its cloud computing and consulting businesses, IBM’s revenue in the three months ended March 31, 2022, rose 7.7%, to $14.20 billion from $13.19 billion a year earlier....
Here’s the third and final segment of our first-quarter 2022 letter to clients, which we sent out this past February. (For your convenience, here are links to Part One and Part Two, if you want to refer to them)....
INTERNATIONAL BUSINESS MACHINES CORP., $132.21, New York symbol IBM, is a buy.

The company is one of the world’s largest computer firms, with operations in over 175 countries.

With the June 2022 payment, IBM will raise your quarterly dividend by 0.6% to $1.65 a share from $1.64....
INTERNATIONAL BUSINESS MACHINES CORP., $138.25, New York symbol IBM, is a buy.

The company is one of the world’s largest computer firms, with operations in over 175 countries.

On November 3, 2021, IBM completed the spinoff of Kyndryl Holdings Inc....

These two senior technology companies are shifting into faster-growing fields. Those moves brighten their long-term prospects and should lead to more dividend hikes in the years to come.


INTEL CORP. $48 is a buy. The company (Nasdaq symbol INTC); Conservative Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 4.1 billion; Market cap: $196.8 billion; Dividend yield: 3.0%; Dividend Sustainability Rating: Above Average; www.intel.com) is the world’s leading maker of computer chips.


With the March 2022 payment, Intel raised your quarterly dividend by 5.0%....
New spinoffs often struggle for a period, partly because investors tend to dump their new shares. We think that’s why Kyndryl and Viatris are down since they became separate companies. Still, we believe both will eventually move higher, and we see each of them as a hold.


KYNDRYL HOLDINGS INC....