Get started
IBMIBMIBM

IBM

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

4IBM trade ideas

Long term investment in IBM A big problem for IBM over the past few years has been its history as a hardware-based, large mainframe type business. But the world is changing. Enterprise customers have been moving to the cloud. Also, competition has gotten more intense over the years as younger upstarts have been built from the ground up on cloud, mobility, virtualization etc. For example, Amazon (AMZN) with its AWS offering and Microsoft's (MSFT) Azure have been very successful in cloud computing and IBM has been trying to play catch up. Investors understand that it's going to take a while for IBM to catch up with its cloud computing rivals. The Red Hat acquisition seems like a great step in that direction, but the full benefit of this combination will take some time to be fully realized. IBM had some big change recently, it named Arvind Krishna as its new CEO, replacing Virginia Rometty. Krishna is currently IBM Senior VP for Cloud and Cognitive Software, and was a principal architect of the company's acquisition of Red Hat. Clearly this choice shows that IBM wants to focus more on the cloud and it seems like a good fit. It is a good investment from here with 4.5% yield. Stop under $120.
NYSE:IBMLong
by TraderSuperBull
IBM breaks out on earnings Huge potential for IBM to the upside, has been in a 7 year correction and missed a bull market. Red Hat acquisition is paying dividends and growth returns. Stalled after-hours at .65 Fibonacci golden pocket, look to long above, Earnings commentary IBM says there is continued momentum in hybrid cloud Says significant actions in 2019 strengthened its foundation for chapter two. Says cloud revenue for the year was $21B. Says Red Hat continued strong performance. Says has good trajectory exiting the year. Says the company expects growth in revenue, operating EPS and free cash flow in FY20. Sees FY20 free cash flow of approximately $12.5B. Comments taken from Q4 earnings conference call. Sourse the fly.
NYSE:IBMLong
by RedHotStocks