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International Business Machines Corporation (IBM) [hlAlert]

Rating:
Buy IBM
up 8.24 %

International Business Machines Corporation (IBM) rated Buy with price target $175 by Argus

Posted on: Wednesday,  Aug 26, 2015  8:25 AM ET by Argus

Argus rated Buy International Business Machines Corporation (NYSE: IBM) on 08/26/2015. Previously Argus rated Buy International Business Machines Corporation (NYSE: IBM) on
10/19/2010., when the stock price was $137.23. Since then, International Business Machines Corporation has gained 8.24% as of 01/20/2016's recent price of $148.54.
If you would have followed the previous Argus's recommendation on IBM, you would have gained 8.24% of your investment in 1919 days.

IBM uses advanced information technology to provide customer solutions. The company operates primarily in a single industry using several segments that create value by offering a variety of solutions that include, either singularly or in some combination, technologies, systems, products, services, software and financing. Organizationally, the company's major operations comprise three hardware product segments--Technology, Personal Systems and Enterprise Systems; a Global Services segment; a Software segment; a Global Financing segment and an Enterprise Investments segment.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/26/2015 8:25 AM Buy
None
143.95 175.00
as of 8/27/2015
1 Week down  -2.69 %
1 Month down  -11.90 %
3 Months down  -14.65 %
1 YTD down  -20.80 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/29/2012 9:25 AM Buy
None
206.39 235.00
10/19/2010 8:25 AM Buy
None
137.23 165.00

(*) Stock Price at the time of the recommendation.
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