IBM (NYSE: IBM) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), the parent company of Google, have generated very different returns for investors over the past 12 months. IBM's stock price sank about 20% as it struggled to grow its revenue, while Alphabet's stock price rallied nearly 40% as its core businesses remained resilient throughout the pandemic.
I compared these two tech giants nearly a year ago and told investors to bet on Alphabet's strengths instead of IBM's speculative turnaround. But with a new CEO leading a fresh push to expand its stronger businesses and jettison its weaker ones, will IBM outperform Alphabet this year?
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Source Fool.com