IBM

IBM (International Business Machines Corporation) is one of the world’s oldest and most influential technology companies. Founded in 1911 and headquartered in Armonk, New York, IBM has played a major role in shaping modern computing and business technology.

IBM is best known for its work in areas like:

  • Cloud computing
  • Artificial intelligence (AI)
  • Enterprise software
  • Cybersecurity
  • IT consulting
  • Quantum computing

The company’s AI platform, IBM Watson, is widely recognized for helping businesses use data and automation more effectively. IBM also supports organizations across industries such as finance, healthcare, government, and retail by providing advanced digital solutions.

With a strong focus on innovation and research, IBM continues to be a global leader in technology transformation and enterprise services.

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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....
As expected, the war in Europe is rattling investors, and the media are milking it for attention from readers, viewers and, indirectly, advertisers. Needless to say, they are doing so the old-fashioned way—accentuating the negative. That was easier to do before the Russians invaded....
RAYTHEON TECHNOLOGIES CORP., $99.59, New York symbol RTX, is a buy for long-term gains.

The company took its current form on April 3, 2020, with the merger of United Technologies Corp. (old symbol UTX) and Raytheon Co. (old symbol RTN). It’s now a leading maker of commercial aircraft equipment, electronic systems for military aircraft and radar systems, and guided missiles.

The stock hit a new all-time high of $104.34 this week in response to Russia’s invasion of Ukraine....
IBM originally began operating in 1911 as the Computing-Tabulating-Recording Co. It changed its name to IBM in 1924. Over the decades, the company has shifted its focus in response to the rise of new technologies and trends.


IBM is once again transforming itself as a leading provider of cloud-based computing services....
IBM, $137.25, is still a buy. The company (New York symbol IBM; Shares o/s: 896.8 million; Market cap: $121.5 billion; TSINetwork Rating: Above Average; Dividend yield: 4.8%) is one of the world’s largest computer companies, with operations in over 175 countries.


Thanks to strong growth in cloud computing and software, IBM’s revenue in the three months ended December 31, 2021, rose 6.5%, to $16.70 billion from $15.68 billion a year earlier....
TERADATA CORP. $40 (www.teradata.com) is a hold. The company makes computers and software to capture and store large amounts of data for individual businesses—its clients. Teradata continues to benefit from its new strategy of selling products as cloud-based subscriptions, instead of one-time software purchases....
Technology stocks have come down from their 2021 highs, as it looks increasing likely that the U.S. Federal Reserve will soon raise interest rates in response to rising inflation. That could slow the global economic recovery as the COVID-19 pandemic eases.


Even so, we feel top-quality technology stocks like these three will quickly rebound....
INTERNATIONAL BUSINESS MACHINES CORP. $129 is a buy. The company (New York symbol IBM, Conservative-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 893.5 million; Market cap: $115.3 billion; Dividend yield: 5.1%; Dividend Sustainability Rating: Rating: Above Average; www.ibm.com) has now completed the spinoff of the Managed Infrastructure Services unit of its Global Technology Services operations....