Few companies have taken as much abuse as IBM (IBM) has recently. The stock gradually drifted lower over the last year. What else can be said about Big Blue? It’s one of the largest multinational tech companies in the world. IBM is involved in just about every facet of business technology. Without exaggeration, IBM makes some of the largest and smallest technologies on the planet. Their earnings have been pretty good. IBM said their goal is to earn $20 per share by 2015. They’re aiming to return $70 billion to shareholders by then ($50 billion in buybacks, $20 billion in dividends). I know that investors are skittish of stocks with high nominal share prices. Try not to let that scare you away from IBM. Even if you only pick up a few shares, IBM is a outstanding company.
- Poll of the Day