IBM's stock has bounced back more than 30% since hitting a low of $95 on March 23 to reach its current level of $125. Notably, this compares to the 36% growth in the S&P 500 over the same period. We believe IBM stock still has upside potential. The key is the company's stock is still about 6% lower.
IBM's stock has bounced back more than 30% since hitting a low of $95 on March 23 to reach its current level of $125. Notably, this compares to the 36% growth in the S&P 500 over the same period. We believe IBM stock still has upside potential. The key is the company's stock is still about 6% lower.
Share this Article
Recommended