Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it …
Then came – gasp – the poison Apple (AAPL), at least so far as both companies were concerned. The late Steve Jobs, true to his brash forecasts, led Apple in upending IBM from its desktop dominance with a slew of sexy iMacs and …
Warren Buffett’s willingness to buy shares of International Business Machines Corp. as their price falls may soon be put to the test. As the chart below shows, IBM’s stock costs less than it did when Buffett’s Berkshire Hathaway Inc. started …
trading decisions. I currently own 300 shares of IBM and bought in averaging 121 per share. IBM current price: 151.35. I am mixed between taking a profit or holding out for more gains. What to do? Well, buying call options in IBM will allow …
International Business Machines released its first quarter earnings report earlier this week, and its stock is still moving higher today as analysts praise the results. Drexel Hamilton analyst Brian White raised his price target for IBM stock
That was the drop in value of IBM stock last year, its first annual decline since the financial crisis in 2008. Even as the computer-services giant boosted its dividend and added about $20 billion to its buyback plan, the shares became the …
IBM stock is downgraded: The stock of International Business Machines Corp. fell Friday in heavy trading after several Wall Street firms downgraded the computer giant and cut their earnings estimates. Merrill Lynch, a long-time IBM bull, …
NEW YORK - One of the top-performing hedge funds of the year is betting that shares of International Business Machines Corp (IBM.N) have further to fall. Kacher said he is shorting the stock of IBM, which is down 11.5 percent for the year to …