Is International Business Machines Corp. a Buy?
Investors in IBM (NYSE: IBM) have seen their holdings lose 21% of their value over the last five years, while the S&P 500 market barometer marched 88% higher. The drop shrinks to 8% for shareholders who reinvested IBM's dividends in more stock along the way, but the S&P 500 more than doubled on those terms. Would this be a good time to invest in Big Blue while the stock looks affordable, or are those share prices down for the count?
I would argue that it's actually one of the best buys on the market here at the end of 2017. Here's why.
Ready to buy IBM yet? Image source: Getty Images and IBM, edited by the author.
Source: Fool.com
International Business Machines Corp Stock
€170.42
1.430%
The stock is one of the favorites of our community with 34 Buy predictions and 1 Sell predictions.
With a target price of 180 € there is a slightly positive potential of 5.62% for International Business Machines Corp compared to the current price of 170.42 €.
