Thursday, July 19, 2012
Investopedia: IBM - The New Model For Tech?
When I last wrote about IBM (NYSE:IBM) in mid-April 2012, I thought that for all of the quality that IBM offered, the stock was still too expensive and vulnerable to a broader tech slowdown. The stock (and tech in general) dutifully cooperated, falling about 10% over that period. While IBM is not yet cheap enough to make it a hands-down buy, it is very much worth noting that not only is IBM now the model that many tech companies seem to aspire to, but it is also executing that model better than anybody else.