IBM Is Beating Microsoft in This Emerging Tech
Microsoft (NASDAQ: MSFT) is usually considered a better "mature tech" play than IBM (NYSE: IBM) for a few simple reasons: Microsoft pivoted from its aging OS and productivity software businesses toward higher-growth cloud services, and it consistently reports positive revenue growth. IBM tried to pivot away from its legacy businesses with higher-growth cloud services, but it's posted 21 straight quarters of year-over-year revenue declines.
The two companies' fortunes should continue to diverge -- analysts expect Microsoft's revenue to rise 8% this year and for IBM's to drop 3%. That's probably why Microsoft stock rallied more than 20% this year, while IBM's fell over 10%.
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Source: Fool.com
Microsoft Corp. Stock
€377.20
1.260%
The stock is one of the favorites of our community with 112 Buy predictions and 3 Sell predictions.
With a target price of 424 € there is a slightly positive potential of 12.41% for Microsoft Corp. compared to the current price of 377.2 €.
