PPL who can calculate would arrive at the same action to scope up this very profitable co. Sometimes you wonder why the math standard in some investors are low. Warren Buffet is not a genius, he just use a bit of simple calculation to buy a great under valued. co.
Warren Buffet also bought IBM, amassing from the first quarter of 2011 to the first quarter of 2013 a total of 68,121,984 shares, sized at 13.7% of his portfolio. His average buy price was $173. Later, he added 2,356,028 more shares, so he currently own a total of 70,478,012 shares of IBM.
Guess what CVX will really be a dog under $90 next???
Opec willing to push oil price to $40 says Gulf oil minister...
U.A.E. Sees OPEC Output Unchanged Even If Oil Falls to $40....
Gulf markets plunge as OPEC says 'no set price' for oil...
Well with Climate change and 4/5 oil reserves assets may be stranded....and value of existing reserves cant be value now....so we could see $40 oil OPEC just said....so....GE is a safer bet now than CVX...lol
read 350 org or free fossil org for more info on what's next!!!
I would be shocked if IBM had a dividend cut. There's no reason for IBM to have a dividend cut. The dividend has been growing tremendously even over just the past 10 years. The company is fairly valued at this level and cheap.
Sentiment: Strong Buy
For some reason companies want to give women CEOs another chance and it's a huge mistake. I think if Rometty was a guy he would have been long gone. The stock will pop $20 a share if she resigns, but until then the horrors continue.
I invested in IBM for its value. Similarly, I invested in PRU, AIG, DFS, C, BAC, JPM, GNW as well. These are all great value stocks. But for a balance portfolio and most profitable co., the top choice for recovering eco. in technology is IBM definitely. Collecting 2.7% return while you wait for the repurchase to buy stocks at low price. The Earning Per Share is increasing by the day as IBM keeps earning obscene profit at ROE of over 90. The lower the stock price, the higher the EPS. I am hoping the stock goes lower the better. Instead of sharing one cake with 10 ppl every year, I will be sharing my yummy cake with 9. Simple math that some people surprising seem not understand !
Sentiment: Strong Buy
smart move........and contrarian play.......GE down 7.5% this year......now yield 4%......we could see more spin-off action this year....!!!
She sold off just about everything that could have been used to turn the company around. Now IBM is nothing more than a poorly run consulting company.
It's all fake. Big pop soon like nothing ever happened. The wealthy manipulators are selling now to buy their lavish holiday presents with cheated money, then will buy back 'low' - that they artificially created. You know that the market is a scam, don't you? All fake. Wall Street has nothing to do with Main Street, except when it's convenient to cite this for its own agenda.
????? i don't think that WB is any more worried about IBM than he is about pocket lint ...
trying to chase momentum , picking bottoms , or any kind of timing is a loser's game ..
Warren knew ,just like many of us , that his investments will go both up and down , which is
why he buys a company .. ones that have good management and can both navigate through
times likes these and also can use them as opportunities for future strength ...
if you are are going to worry about things like this , then maybe stocks are not for you ...
It is imperative that you do NOT invest in this or ANY other company unless you get to understand the business and the numbers, and for that you need to rely on your own research. Best regards!
Thank you very much for a very nice and detailed analysis of IBM. I wish You could help me To do same for a few other companies. I am trying to invest my savings in somewhere better than saving accounts. Thanks again