IBM is one of the safest dividend stocks you can buy.
The dividend is the only reason to hold the stock. Ibm announces a win once and a while and every blind dog finds a bone sometimes but they are loosing badly to Google Amazon, oracle MSFT and others who are not burdened with layers upon layers on bureaucratic middle managers who do NOTHING except work layoff lists.
Almost all negative IBM posts, Not me. Great dividend and glass is not empty.
Old stale leadership needs to go. cutting my losses at 138.00. trailing stop limit placed at 142.00
Any insight as to why it hit a 52 week low on no news and then an instant reversal?
This comment about IBM in this link reflects my opinion. When it gets rolling with the new businesses, the stock will easily double from this level, as reflected in the fact that its current PE is about 1/2 of what it should be for a growth company
3 Stocks That Look Just Like Activision Blizzard in 2013
These three companies could share the same very good prospects Activision Blizzard had back in 2013.
Mrs. Rommetti has according to various insiders shown little interest in interacting with top technologists in the company. This is perhaps one of the many reasons why she has failed so badly in her stewardship of such an iconic American company.
High time to replace this woman with a CEO that has a track record of successful management, and who has a strategic sense of where the business needs to go..
rapidly approaching a new 52-week low. Continuing to do the same thing over and over and expecting different results is...well, you know..
Who says IBM isn't poised for potentially massive upward movement? google awesome*sto-cks - they offer pretty good trade alerrts. you dont have to trade their tickers but it definetly helps you recognize possible patterns for stocks you're trading.
Do you think this thing is done selling? Showing us a buy signal now on IBM? Im not sure about you guys but awesome*sto-cks has provided me with some pretty good trade ideas. I messed up executing some of them but thats on me.
IBM Down again today..if it breaks 140... watch out.
Call in the cleaners to remove Ginny, her low life executive staff and a lot of the do nothing middle managers.
When will she be shown the door? It's a crying shame what has happened to IBM under her so called leadership. I'm thoroughly fed up with her and the BOD for allowing the deterioration of this once proud and very meaningful company. Very sad.
There have been layoffs every qtr in the last few years. The US workforce once totaled over 200 thousand now has less than 50 thousand. IBM WAS about the people and the culture of excellence. Now its profit at any cost and good people dont stay with a cadre of idiots running the business.
52-week low list maybe its one of those buy low sell high things??? GO WATSON
The Decline and Fall of IBM
Robert Cringely wrote a very good book about IBM and IBMers, here is an excerpt from the "The Decline and Fall of IBM": --------------- ... “Please keep this confidential as to who I am, because I’m going to tell you the inside scoop you cannot get. I am rated as a #1. That’s as high as you go, so calling me a disgruntled employee won’t work.
“Right now the pipeline is dry—the number of services folks on the bench is staggering and the next layoff is coming. The problem now is that the frequent rebalancing has destroyed morale, and so worried troops don’t perform well. Having taken punitive rather than thoughtful actions, Ginni has gutted the resources required to secure new business. Every B-School graduate learns not to do that. The result is a dry pipeline, and while you can try to blame the cloud for flagging sales, that doesn’t work. Those cloud data centers are growing. The demand for hardware didn’t shrink—it simply moved. Having eliminated what did not seem necessary, the brains and strategy behind the revenue are now gone, leaving only ‘do now’ perform people who cannot sell. Sales reps have no technical resources and so they cannot be effective. Right now we cannot sell. There is no one to provide technical support. The good people are finding jobs elsewhere. The [job] market outside IBM is improving. I am interviewing at a dozen companies now. Soon as I find something perfect for me, I’m gone. They don’t expect people like me to leave.
“Ever work anywhere where you were afraid to make a large purchase like a car because you don’t know that you will have a job in a month? That’s how everyone feels at IBM. Now we are doing badly on engagements. I cannot think of a single engagement where we are not in trouble. We lay off key people in the middle of major commitments. I cannot tell you how many times I’ve managed to get involved in an engagement and cannot lay my hands on the staff required to perform.
“The whole idea that people in different time zones, all over the world can deliver on an engagement in Chicago is absurd. ... ... “Ginni has made one horrible mistake. Sam, and now, Ginni, has forgotten that IBM was made by its people. They have failed to understand their strongest assets, and shortly will pay for that. IBM just hit the tipping point. I do not think there is any way back.”
Years ago IBM could sell an idea. They’d come in, manage a project, develop an application, and it would make a big difference to the customer. IBM would generally deliver on their promises, and those benefits more than paid for the high cost of the project and the computers. IBM transformed banks by getting them off ledger books. Remember the term “bankers’ hours”? Banks were only open to the public for part of the day. The rest of the time was spent with the doors closed, reconciling the transactions.
But that was then and this is now. IBM’s performance on its accounts over the last 10 years has damaged the company’s reputation. Customers no longer trust IBM to manage projects well, get the projects finished, or have the projects work as promised. IBM is now hard pressed to properly support what they sell. Those ten years have traumatized IBM. Its existing businesses are under performing, and its new businesses are at risk of not succeeding because the teams that will do the work are damaged. ... -------------------
Any investor, who is invested in IBM stock, should read that book, NOT listen ONLY to the "free" public media, read hundreds of comments from former and current IBMers in that book to get the real idea what has been and what is happening at IBM.
Buffet dumped all his GE ...quietly doing the same to IBM
IBM is a turd with a bow on it.
stock goes up when bad news does not knock it down.
and that is good news.
IBM will never grow with all the white privilege board and CEO. Get rid of them! Hire more minorities with more intelligence that are hungry like satya nadella, Jensen Huang, and indria from Pepsi. IBM doesn't need more corporate welfare to white folks for doing nothing. If Steve Ballmer was still CEO of Microsoft, he'd still be trying to pour more money into stupid Nokia brick phones