Technology

Intermediate Trade: IBM Real Money Pro($)

IBM could break out to even higher levels.
I just feel terrible about how the younger, new to the market buyers must think right now.
When it comes to AI solutions meant for specific industries, IBM has a lot of expertise and the ability to cast a broad net.
Facebook, Amazon, Alphabet and Netflix are ready to jump up to new all-time highs.
Bull market number one, perhaps of all time: the financials.
There are too many unknowns around Snap to even begin to apply conventional valuation metrics.
If there is more adoption of social advertising, the biggest winner would be Twitter, not Snap.
Despite having little new information vs. yesterday, the market is still riding high.
Would you rather own Facebook at 20x next year's earnings, or Snap at 20x next year's sales?
It's really pretty simple.

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