Forget IBM, This Legacy Tech Giant Is a Better AI Stock to Buy
After years of drifting in the hinterlands, finally seems to be coming back to life.
Big Blue delighted investors with its fourth-quarter earnings report, and the stock finished Thursday's session up 9.5%. IBM stock also closed at its highest level in more than 10 years on the news.
Shares of the tech giant are now up roughly 40% in the last three months as investors seem to believe it will be a beneficiary of the artificial intelligence (AI) boom that began with the launch of ChatGPT in late 2022. IBM's fourth-quarter numbers weren't particularly impressive, but managed to overcome modest guidance.
Source Fool.com
International Business Machines Corp Aktie
175,76 €
-0,41 %
Leichte Buy-Präferenz bei der International Business Machines Corp Aktie.
Ein leicht positives Kursziel von 183 € für International Business Machines Corp gegenüber dem aktuellen Kurs von 175.76 € wird gesehen.
