This Dividend Stock Is a Safe Bet, Regardless of Market Conditions
In recent years, International Business Machines (NYSE: IBM) fell out of favor as tech investors turned away from the company in favor of faster-growing names.
Nonetheless, even in those times, the company proved its reliability as a dividend stock, with the payout rising for 28 consecutive years. Moreover, IBM pivoted heavily into the cloud with its $34 billion purchase of Red Hat in 2019, following that up with numerous cloud-related acquisitions and spinning off slower-growth businesses, such as the one that became Kyndryl (NYSE: KD).
Source Fool.com
International Business Machines Corp Aktie
176,48 €
0,15 %
Positive Tendenz bei International Business Machines Corp mit mehreren Buy-Einschätzungen als Sell-Einschätzungen.
Ein Kursziel von 184 € für International Business Machines Corp signalisiert ein leicht positives Potenzial gegenüber dem aktuellen Kurs von 176.48 €.
