International Business Machines (NYSE: IBM) turned in a positive direction following its first quarterly earnings report since the spinoff of Kyndryl Holdings (NYSE: KD). After routinely posting flat revenue growth numbers in past quarters, it delivered on its promise to deliver "mid-single-digit" revenue increases.

The tech giant endured years of struggle as it sought to transform itself into more of a cloud company, and it took nearly two years under the leadership of CEO Arvind Krishna to reach this point. Now, as a leaner company with a renewed focus, the question for investors is whether IBM can beat the market over the next three years?

Image source: Getty Images.

Continue reading


Source Fool.com