Shares of IBM (NYSE: IBM) have had a strong and volatile 2019, with year-to-date returns now at around 25%. And the tech stock could still be a good buy today. Let's take a closer look at what the company has been up to as well as its most recent results.
Earlier this month, IBM unveiled its latest mainframe, the z15. It's an exciting new product that could drive lots of sales growth, since the recurring theme in the hardware sector is privacy. The z15 will allow companies to more easily manage their privacy, with IBM calling it "an industry-first capability to revoke access to data across the hybrid cloud." That flexibility is crucial, as an outside party is often the cause of a data breach, so having the capability to modify access more readily with the z15 will be a big selling point for IBM.
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Source Fool.com