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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A: C3.ai Inc., $86.44, symbol AI on New York (Shares outstanding: 97.4 million; Market cap: $8.4 billion; www.c3.ai) makes software for corporations to speed up their deployment of artificial intelligence (AI) applications.
On December 9, 2020, the company’s shares began trading at $42 on New York, following its IPO....
On December 9, 2020, the company’s shares began trading at $42 on New York, following its IPO....
IBM, $122.36, is still a buy. The company (New York symbol IBM; Shares o/s: 893.6 million; Market cap: $107.5 billion; TSINetwork Rating: Above Average; Yield: 5.3%) announced recently that it will spin off its Managed Infrastructure Services unit....
HONEYWELL INTERNATIONAL INC. $202 is a buy. The company (New York symbol HON; Manufacturing & Industry sector; Shares outstanding: 701.7 million; Market cap: $141.7 billion; Dividend yield: 1.8%; Takeover Target Rating: Medium; www.honeywell.com) is a diversified technology firm operating in four segments: Aerospace (38% of sales); Performance Materials (30%); Safety and Productivity (16%); and Building Technologies (16%).
Honeywell recently agreed to pay $1.3 billion for Sparta Systems, a provider of regulatory and quality management software primarily for the pharmaceutical and biotech, medical device, food and beverage, chemical and agrochemical industries....
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.