International Business Machines (IBM)

Re: International Business Machines (IBM)

Postby winston » Tue May 22, 2018 9:46 am

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Blue-Chip Stocks That Aren’t Really Blue Chips: IBM

Let’s start with International Business Machines Corp. (NYSE:IBM), a former blue-chip stock, which the world has left so far behind that even Warren Buffett sold out of his position.

IBM may be trying to expand its presence in cloud and security services, but its legacy businesses are toast.

IBM seems more infatuated with spending money to repurchase its own overpriced stock.

EBIT has declined from $16.4 billion in 2015 to $12 billion last year.

Free cash flow is terrific but the $132 billion valuation IBM is ridiculous for a moribund company.

Source: Investor Place
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Re: International Business Machines (IBM)

Postby winston » Thu Jul 19, 2018 10:25 pm

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IBM stock rises after earnings beat

IBM beat expectations for revenue and earnings.

The company's strategic imperatives areas have become a bigger part of the overall business.

by Jordan Novet

This marks IBM's third consecutive quarter of revenue growth, following five years of year-over-year revenue declines. In the quarter revenue rose 4 percent.

In the quarter IBM had a 46.5 percent gross margin, according to a statement. The f


Source: CNBC

https://www.cnbc.com/2018/07/18/ibm-ear ... -2018.html
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Re: International Business Machines (IBM)

Postby winston » Thu Dec 06, 2018 5:38 pm

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Value Trap: IBM (IBM)

IBM has been such a well-disguised value trap in recent years that it even fooled Buffett, who unloaded his IBM stake earlier this year, reportedly at a steep loss.

Sure, IBM has a compelling 9.8 earnings multiple, and bulls are confident in the long-term prospects for its cloud services and artificial intelligence segments.

However, IBM has yet to demonstrate that growth in these areas can offset losses in others.

Revenue is down 18.9 percent in the past five years, and tepid EPS growth has maxed out at 4 percent over the past two years.

Source: Yahoo Finance
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Re: International Business Machines (IBM)

Postby winston » Wed Jan 23, 2019 7:54 am

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Cloud, services fuel IBM's profit beat, robust outlook; shares jump

Cloud business, part of what IBM refers to as “strategic imperatives”, grew 12 percent to $19.2 billion in 2018.

The company forecast adjusted operating earnings for 2019 to be “at least” $13.90 per share, while analysts on average were expecting $13.79, according to IBES data from Refinitiv.

The company’s cognitive software business, which houses artificial intelligence platform Watson, analytics and cybersecurity services, reported sales of $5.46 billion, compared with analysts’ expectation of $5.25 billion.


Source: Reuters

https://www.reuters.com/article/us-ibm- ... ess%201700
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Re: International Business Machines (IBM)

Postby winston » Sun Jan 27, 2019 9:36 pm

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Caution: This Stock’s Pop Won’t Last

by Shah Gilani

The one reason IBM is heading back down is Virginia Marie “Ginni” Rometty. Ginni Rometty is chair, president, and CEO of IBM. She’s arguably the worst CEO, president, and chairperson in America.


IBM’s market capitalization, its equity value, is down more than 30% since Ginni took the helm.
Since Ginni got her board seat and became CEO, president, and chair, IBM’s spent some $50 billion on share repurchases. That money is gone.

She just announced another $4 billion would be added to the current share repurchase program, and at the same time, she confirmed the company’s dividend payout, which IBM spends 65.3% of its net income on.


Red Hat? A company that does some of the same stuff IBM does and has mostly stuff IBM should have built itself years ago? Yeah, Red Hat, for $34 billion.

IBM is also sitting on $47 billion in debt.


Source: Wall Street Insights & Indictments

https://dailytradealert.com/2019/01/27/ ... wont-last/
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