IBM
IBM, $119.12, is still a buy. The company (New York symbol IBM; Shares o/s: 891.1 million; Market cap: $106.4 billion; TSINetwork Rating: Above Average; Yield: 5.5%) reported 6.5% lower revenue in the three months ended December 31, 2020; it fell 6.5%, to $20.37 billion from $21.78 billion a year earlier....
TENNANT CO. $69 (www.tennantco.com) is a hold. The company makes industrial floor and street-cleaning equipment. COVID-19 continues to slow demand for that equipment from malls, office buildings and sports arenas. In response, Tennant is laying off workers and cutting executive pay....
For 2021, we’ve chosen IBM as your #1 Spinoff Buy.
The company’s shares have lagged other big tech stocks in the past year. That’s mainly due to concerns that IBM’s older, slower-growing legacy businesses were holding back its faster-growing cloud computing operations....
A lot can change in 20 years.
As long-time readers may recall, we launched our Wall Street Stock Forecaster around 20 years ago. It got a good reception from our clients and investors (and it’s still going strong today). However, I recall one cancellation email that we received in late 2002, about a year after 9/11....
As long-time readers may recall, we launched our Wall Street Stock Forecaster around 20 years ago. It got a good reception from our clients and investors (and it’s still going strong today). However, I recall one cancellation email that we received in late 2002, about a year after 9/11....
IBM, $123.80, is a buy. The company (New York symbol IBM; Shares o/s: 891.1 million; Market cap: $111.2 billion; TSINetwork Rating: Above Average; Yield: 5.3%) has bought Expetus Technologies, a Canadian financial-technology firm....
Broadridge is far from a household name, except in households where most members work in the investment business. Since Automatic Data Processing (symbol ADP on Nasdaq) spun it off in 2007, the company has become a key provider of services to financial, brokerage and wealth management firms.
We added Broadridge to our recommendations in the February 2008 issue of Wall Street Stock Forecaster as a buy at $22 a share....
We added Broadridge to our recommendations in the February 2008 issue of Wall Street Stock Forecaster as a buy at $22 a share....
Penny stocks on the rise can offer you a big payday but the odds against success are very high.
CANADIAN PACIFIC RAILWAY $409.94, is a buy. The company (Toronto symbol CP; shares outstanding: 134.5 million; Market cap: $56.7 billion; Rating: Above Average; Dividend yield: 0.9%) has formally joined TradeLens, a blockchain-based collaboration between IBM and Danish global shipping giant Maersk.
Blockchain is typically associated with Bitcoin....
Blockchain is typically associated with Bitcoin....
Here’s an Excerpt from a recent issue of Advice for Inner Circle Pro Members:
“Market lore can make interesting and worthwhile reading....
“Market lore can make interesting and worthwhile reading....
Many tech stocks reinvest their cash flow back into their businesses for growth, rather than paying out dividends. But with its massive cash flow of over $20 billion a year, IBM has lots of room for both: it spends more than $6 billion (8% of sales) on research each year, plus it offers investors a high—and sustainable—5.8% yield....