Is Now the Time to Buy IBM Stock?

IBM (NYSE: IBM) recently reached a significant milestone in its multi-year reinvention of itself. In November, IBM completed spinning off portions of its legacy businesses into a new publicly traded company called Kyndryl Holdings.

IBM executed this move to concentrate on the parts of its business centered around cloud computing and artificial intelligence technologies. I previously recommended waiting to invest in IBM pending the Kyndryl spin-off.

Now that the separation is complete, is it a good time to invest in IBM? To answer that question, we have to understand how the loss of Kyndryl affects IBM and if the remaining businesses make Big Blue a worthwhile long-term investment.

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Source Fool.com