IBM: Big Blue's Big Bruise Is Your Opportunity
by Josh Arnold
IBM shares were recently severely punished for disappointing earnings released last week. Shares dropped 8% in a single day, dragging the Dow down with it and are now trading much closer to their 52 week low of $182 than the highs of $216. Analysts and investors were not impressed with IBM's results, and rightly so as the quarter was terrible, but was the selloff overdone? This article will take a look at Big Blue's valuation in relation to its prospects and determine whether or not shares deserve your capital. read more »
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