% | $
Quotes you view appear here for quick access.

International Business Machines Corporation Message Board

  • ibji ibji Mar 7, 2013 10:29 AM Flag

    Never bet against Buffet

    Never a good idea to bet against Warren Buffet, not because he's always right, or because he knows more than the rest of us (which he probably does), but for the simple reason that you're not only betting against him, but all the funds that follow him and mirror his moves. Important move today, price is now higher than the intraday high when earnings were reported, new 52 week high will happen soon, also, expect a dividend increase next quarter, and a possible stock split...and it's just a good company doing well, no reason to bet against it...stay strong, stay long.

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Warren Buffet buy stocks for future, long run. It doesn't mean IBM is going to go through the roof tonight. It is already up a lot, not just IBM, the whole market is over bought. The day it turns around will be the worst day of 2013. That is where the smart people will enter the market.

    • Buffett has praised IBM leadership for rescuing IBM from the brink of bankruptcy 20 years ago and making it into a successful business today. In last year’s annual letter, he cited IBM management’s extraordinary operational accomplishments, saying, “Their financial management was equally brilliant, particularly in recent years as the company’s financial flexibility improved. Indeed, I can think of no major company that has had better financial management, a skill that has materially increased the gains enjoyed by IBM shareholders.”

      International Business Machines Corporation was incorporated in the State of New York on June 16, 1911, as the Computing-Tabulating-Recording Co. International Business Machines Corp has a market cap of $227.92 billion; its shares were traded at around $204.5 with a P/E ratio of 14.1 and P/S ratio of 2.2. The dividend yield of International Business Machines Corp stocks is 1.7%. International Business Machines Corp had an annual average earnings growth of 12.1% over the past 10 years. GuruFocus rated International Business Machines Corp. with the business predictability rank of 5-star.

149.723-1.797(-1.19%)3:48 PMEDT