Forget International Business Machines Corp.: These 3 Stocks Are Better Buys
IBM (NYSE: IBM) reported its second-quarter earnings on July 18, and the results were unimpressive. Revenue fell 5% year over year to $19.29 billion, marking its 21st straight quarter of annual declines and missing estimates by $160 million.
The story was a familiar one -- its higher-growth "strategic imperatives" (cloud, mobile, social, security, and analytics) still weren't growing fast enough to offset the weakness of its older business hardware and software businesses.
Security analysts at IBM's X-Force Command Center. Image source: IBM.
Source: Fool.com
International Business Machines Corp Stock
€181.10
-0.610%
We see a rather positive sentiment for International Business Machines Corp with 17 Buy predictions and 2 Sell predictions.
With a target price of 183 € there is a slightly positive potential of 1.05% for International Business Machines Corp compared to the current price of 181.1 €.
