The 1 Stock You've Been Overlooking For Your Roth IRA
Picking stocks for your retirement account requires balancing a number of factors. The companies must possess staying power and, ideally, be resilient in an economic downturn.
That said, it's natural to prioritize up-and-coming stocks to take advantage of growth, or ones with strong earnings each year. That's why it's easy to overlook IBM (NYSE: IBM), especially in recent years. With the rise of the FAANG stocks, older tech companies such as IBM are overshadowed, and particularly so if earnings performance isn't stellar, which is the case with IBM.
However, there are reasons why this overlooked stock is a good choice for your retirement account. Let's examine the company in detail to understand why.
Source Fool.com
