IBM is a high dividend paying stock that consistently accrues value over time.
IBM is a stock that every investor should have in a 20 stock portfolio.
IBM has soft revenue growth and profit margin squeezes. Their stock is locked in a trading range: low of 185, high of 210, very high of 215.
IBM should bounce off the floor of 185 and slowly drift between that floor and 210.
IBM is going to trade in the range of 185 to 210 for the forseeable future.
IBM has consistently risen to the twofold challenge of macro-economic conditions and constant technology innovation. The risk to their business is considerable. However, they remain a reliable dividend paying company with proven stock appreciation over time.
With the stock price at the low end of the trading range, IBM is a short term buy opportunity, and a long term hold.
With IBM at the low-end of its expected trading range, it would be a good opportunity to overweight a portfolio with its holding.
IBM finds new technology or Internet service.
IBM acquires major player.