IBM
IBM has a long history of transforming itself in response to rapid changes in computer technology. In the past few years, it has shifted it focus to its cloud operations, which let users go online to access data files and computer applications stored on remote servers....
Information technology has been the best-performing market segment over the past 25 years, although there have been some big downs along with the big ups. Going forward, we still see top information technology stocks—and the ETFs that hold them—as an attractive component of an investor’s overall Manufacturing sector holdings.
Please see the supplement on page 70 for more information about the risks and rewards involved in technology ETFs....
Please see the supplement on page 70 for more information about the risks and rewards involved in technology ETFs....
INTERNATIONAL BUSINESS MACHINES CORP., $165.71, New York symbol IBM, is a top pick for 2024.
The company is one of the world’s largest computer firms, with operations in over 175 countries.
With the June 2024 payment, IBM will raise your quarterly dividend by 0.6%, to $1.67 a share from $1.66....
The company is one of the world’s largest computer firms, with operations in over 175 countries.
With the June 2024 payment, IBM will raise your quarterly dividend by 0.6%, to $1.67 a share from $1.66....
IBM, $164.43, is still a buy. The company (New York symbol IBM; Shares outstanding: 918.6 million; Market cap: $151.1 billion; TSINetwork Rating: Above Average; Dividend yield: 4.0%) has shifted its focus in the past few years to its more-profitable cloud computing, consulting and mainframe businesses.
In the three months ended March 31, 2024, revenue rose 1.5%, to $14.46 billion from $14.25 billion a year earlier.
Earnings excluding one-time items gained 25.2%, to $1.56 billion from $1.25 billion....
ALPHABET INC., Nasdaq symbols GOOG $173.69 [class C: non-voting] and GOOGL $171.95 [class A: one vote per share], is your #1 Aggressive buy for 2024.
The company is the parent of Google, the world’s leading Internet search engine—it handles over 80% of global search requests....
The company is the parent of Google, the world’s leading Internet search engine—it handles over 80% of global search requests....
Blue chip companies are good companies to invest in, with a reputation for quality, reliability, and the ability to operate profitably.
Broadridge is far from a household name, except in households with members who work in the investment business. Regardless, since its spinoff from Automatic Data Processing (symbol ADP on Nasdaq) in 2007, Broadridge has become a key provider of services to financial, brokerage and wealth management firms.
We added the stock as a buy in our February 2008 issue of Wall Street Stock Forecaster at $22 a share....
We added the stock as a buy in our February 2008 issue of Wall Street Stock Forecaster at $22 a share....
In the past few years, IBM has shifted its focus to its more-profitable cloud computing, consulting and mainframe businesses. It now gets over 75% of its revenue from software and consulting services. The shift has paid off, with the stock recently hitting an all-time high....
On November 3, 2021, IBM spun off its legacy business focused on helping corporate and government clients manage their datacentres. Investors received one Kyndryl share for every five IBM shares they held.
We still prefer IBM for your new buying, due to its ability to tap into rising client demand for cloud computing and artificial intelligence software....
We still prefer IBM for your new buying, due to its ability to tap into rising client demand for cloud computing and artificial intelligence software....
Top pick IBM expects rising revenues and cash flow to support a solid 3.6% yield even as the shares have returned an impressive 43.4% over the last year.