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International Business Machines (NYSE: IBM) may finally be ready for a comeback. The stock finally surpassed its all-time high from 2013 this year, and with its transformation into a cloud and ...
Shares of the veteran tech giant are near an all-time high.
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At the same time, the stock trades at a very affordable 3.4 times sales and 17 times free cash flows. Big Blue's stock price could multiply more than five-fold and still look affordable next to ...
When looking at IBM stock, the valuation metric that stands out to me is its price-to-free-cash-flow ratio of 18, which measures the company's $215.2 billion market capitalization against the $12. ...
IBM's robust Q2 results drove the stock higher, nearly reaching new all-time highs. Big Blue hasn't ventured anywhere near that milestone since 2013.
NEW YORK (Reuters) -IBM shares jumped nearly 13% to a more than 10-year high on Thursday after the company reported a better-than-expected revenue outlook backed by strong demand for its ...
Despite the weakness in its consulting division, IBM's Q2 performance was strong enough to drive IBM's share price upward, and now it's not far from the 52-week high of $199.18 reached in March.