IBM has proven to be an enduringly successful company. Originally founded as the Computing-Tabulating-Recording Company way back in 1911, it adopted its current name in 1924, and in 2018 it still ranked in the top 20 on Forbes' list of the world's most valuable brands, with a value of $32.1 billion.
IBM actually under-performed the S&P 500. Its total return since 2009 was just slightly above 102 percent. In the same 10-year time frame, the S&P was up more than 270 percent. Any individual stock can over- or under-perform, and past returns do not predict future results. Revenue did fall in 2018 compared with 2017, however, per a company statement. And there are some lingering concerns about the market in general after Federal Reserve Chairman Jerome Powell announced the agency would be "patient" in determining future interest rate hikes.
Overall, IBM's stock is up about 20 percent for the year so far in 2019, and some analysts are optimistic:"We believe the ongoing growth of the Strategic Imperatives unit will return IBM to organic growth in 2019 despite ... currency headwinds," read a note from markets firm Nomura Instinet from early this year. Strategic Imperatives are the company's key offerings, including social, mobile, analytics and cloud.
MakeIt Not a single mention of $ibm leading the industry in centralized blockchain technologies?
MakeIt If you’d blocked CNBC 10 years ago, here’s how many of these stupid clickbait headlines you’d have seen.
MakeIt I am tired of these.
MakeIt None! Cause Watson spent it! Lol
MakeIt That is 10 years ago. Today the talk is about WOMEN's rights and pay and has NOTHING to do with improving the company and its business. Why would anyone want to invest in ANY COMPANY that is PROMOTING the principles of STALIN and his COMMUNIST IDEOLOGY.
MakeIt What about gold?
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