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How low will ibm stock go....

Posted on 5/7/17 at 6:13 pm
Posted by tigers1956
baton rouge
Member since Oct 2008
4788 posts
Posted on 5/7/17 at 6:13 pm
What should I move my money into if I decide to sell....thanks
This post was edited on 5/7/17 at 6:15 pm
Posted by bayoubengals88
LA
Member since Sep 2007
18949 posts
Posted on 5/7/17 at 6:44 pm to
Long term it's going nowhere good. I'd consider TSLA, AMZN, and GOOG. Read into Bitcoin and Etheruem too. Seriously.

Depending on how much money you're talking about, throw a speculative percentage at AUPH (I'm talking 2-3%). I think it'll likely attract a big buy within the year.

EDIT: You basically want a company that makes more money every year...one that shows GROWTH. I googled IBM year over year (YOY) revenue and I see that it's dropped TWENTY straight quarters
You want to see growth. That's what makes you money. IBM is a has been.
This post was edited on 5/7/17 at 6:54 pm
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75221 posts
Posted on 8/12/23 at 1:48 pm to
quote:

IBM is a has been.


IBM revenue for the twelve months ending June 30, 2023 was $60.525B, a 1.42% increase year-over-year. IBM annual revenue for 2022 was $60.53B, a 5.54% increase from 2021. IBM annual revenue for 2021 was $57.35B, a 3.93% increase from 2020.

Nothing to me indicates that this company is a has been, as you stated. This stock continues to perform well and also pays a great dividend.
Posted by FLObserver
Jacksonville
Member since Nov 2005
14473 posts
Posted on 8/12/23 at 1:56 pm to
quote:

Depending on how much money you're talking about, throw a speculative percentage at AUPH (I'm talking 2-3%). I think it'll likely attract a big buy within the year.

I thought that was two years ago oh wait last year. Now maybe this year. So much money could have been made elsewhere instead of a stock that may never sell.
Posted by LemmyLives
Texas
Member since Mar 2019
6486 posts
Posted on 8/12/23 at 9:33 pm to
You should examine where the revenue is coming from. The spinoff of GTS into Kyndryl (I think that was 2019) took a chunk of "blue dollar" work from the consulting and security arms with it. IBM Cloud has always been nearly dead in the water, and should have been a much more significant contributor to the bottom line.

Leadership is brain dead, even after Rometty was replaced.
Posted by Beerinthepocket
Dallas
Member since May 2011
855 posts
Posted on 8/13/23 at 3:08 pm to
A buddy of mine works there and from the sound of it the woke mind virus has nearly infected the whole company. Hiring and promotion are heavily based on diversity, equity, and inclusion not merit. Any company that makes decisions like that is liable to stagnate and potentially even destroy value. It’s a no from me dawg.
Posted by leeman101
Huntsville, AL
Member since Aug 2020
1505 posts
Posted on 8/14/23 at 8:35 am to
Looks like IBM is up since May. Maybe MMM.
Posted by saint tiger225
San Diego
Member since Jan 2011
35654 posts
Posted on 8/14/23 at 10:47 am to
Paul Allen in here bumping 6 year old IBM threads is pretty funny.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75221 posts
Posted on 8/14/23 at 11:06 am to
Yeah so funny
Posted by saderade
America's City
Member since Jul 2005
25741 posts
Posted on 8/14/23 at 1:05 pm to
Pretty good recommendations from bayoubengals on the first reply.
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