International Business Machines Corp. (IBM)

134.09
NYSE : Technology Services
Prev Close 134.26
Day Low/High 132.25 / 134.49
52 Wk Low/High 105.94 / 152.95
Avg Volume 3.95M
Exchange NYSE
Shares Outstanding 885.88M
Market Cap 118.94B
EPS 9.60
P/E Ratio 15.49
Div & Yield 6.48 (4.46%)
Cramer: A Dozen Stocks in the Dow That Can Regain Their Former Glory

Cramer: A Dozen Stocks in the Dow That Can Regain Their Former Glory

You have to think that if these stocks were so high once, then it's likely they will be again.

Stock Indices' Strong Closings Mask Underlying Weakness

Stock Indices' Strong Closings Mask Underlying Weakness

The strength in the Nasdaq was due to a small group of big-caps.

My Takeaways and Observations

I love gold.    Trade of the Week -- short Apple at $116.15. (The SoftBank investment is a non-event).   Dwyerama is chillin' and I am re-establishing my ProShares UltraShort S&P500 ETF  long -- back in a revolutionary mindset.    As January goes......

Here's Why Market's High-Wire Act May Falter

Here's Why Market's High-Wire Act May Falter

It won't easy making money in stocks in January, with 20,000 on the Dow signifying an even higher level of risk relative to short-term reward.

My Takeaways and Observations

"Who you tryin' to get crazy with, 'ese? Don't you know I'm loco?..." -- Cypress Hill, Insane in the Brain 2017 will be the year of "The Dude."    My favorite large-cap long Allergan  and short Caterpillar   for next year.  AGN closed up by $4(!) wh...

These 2 'Dogs of Dow' Are Set to Be Unleashed

These 2 'Dogs of Dow' Are Set to Be Unleashed

The popular dividend strategy has been a lucrative investment in 2016, but what's in store for 2017?

Bed Bath & Beyond Needs Fresh Thinking; Time for an Activist Raid

Bed Bath & Beyond Needs Fresh Thinking; Time for an Activist Raid

There is a dearth of retail experience on its board during a period of major industry disruption.

Not All That Glitters Is Gold in World of Financial Technology

Not All That Glitters Is Gold in World of Financial Technology

There is no question that banking is moving to the online world, but many so-called fintech companies may not survive the trip.

Cramer: A Road Map for 'Dow 20,000'

Cramer: A Road Map for 'Dow 20,000'

This number is arbitrary, but for those who have latched onto it, here is a possible scenario that could get us there.

My Takeaways and Observations

Slow day, at meetings all morning.   Despite the strength in our currency (and its adverse implications on multi-national profitability), there was no follow-through to yesterday's schmeissing.   I reflected on my July call that we have hit a Genera...

Today's Trades

Longs: I added to JC Penney  at $9.36. Shorts: I added to Lincoln National  , Metlife  and International Business Machines  shorts.

Inside Donald Trump's Tech Summit

Inside Donald Trump's Tech Summit

The executives who sat down with Donald Trump represent companies with a combined market value of more than $2 trillion.

How to Compute a Higher IBM Price: It's Elementary, Watson

How to Compute a Higher IBM Price: It's Elementary, Watson

Just like cloud computing drove Amazon, AI should do the same for Big Blue.

My Takeaways and Observations

"Everyone here likes the bounce." -- President-elect Donald Trump (said in a meeting today at Trump Tower with tech executives) A good day for the ursine crowd but not so good for the bullish cabal as they had a bad day -- for a change. (Yes, I am w...

As IBM Talks Hiring Deloitte CTO Stays Bullish

As IBM Talks Hiring Deloitte CTO Stays Bullish

IBM CEO Ginni Rometty's plan to hire 25,000 people in the U.S. should not be an anomaly because there is no better time to be starting a career in technology.

Where My Short Emphasis Is

My short emphasis this afternoon is on Citigroup  , JP Morgan Chase  , Bank of America  , ProShares Short QQQ ETF  , Direxion Daily Small Cap Bear 3X  and International Business International  .

Today's Trades

I shorted International Business Machines , Lincoln National  and Metlife .   I initiated ProShares Short QQQ ETF  (QQQ inverse) at $46.56. I pressed Direxion Daily Small Cap Bear 3X Shares  long ("Trade of the Week").

IBM Unveils U.S. Jobs Plan Ahead of Trump Tech Summit

IBM Unveils U.S. Jobs Plan Ahead of Trump Tech Summit

IBM announced plans to add 25,000 U.S. Jobs over the next four years.

Shorting More IBM

I have added by my IBM short.

Did I Mention Something About China ... and Life Insurers, Too?

On cue, China says it plans to slap a penalty on an unidentified U.S. auto manufacturer for monopolistic behavior.  And Morgan Stanley downgrades the life insurance space. Now that's timing! (see my posts below) Ford , General Motors , MetLife and L...

Cramer: Is Dow 20,000 the Market's Kryptonite?

Cramer: Is Dow 20,000 the Market's Kryptonite?

Every time the index nears that benchmark, the market's going to sell off.

Market Gains Don't Mean There's Action

Market Gains Don't Mean There's Action

Don't equate anticipation of Dow 20K with opportunity.

Cramer: Ah, This Market Reminds Me of My Youth

Cramer: Ah, This Market Reminds Me of My Youth

There's nothing wrong with buying laggards by the fistful.

Trading Update

My average cost on my IBM short this morning is $166.83. Also, I have moved to a medium-size long in Direxion Daily Small-Cap Bear 3x ETF ($18.93), but because it's 3x levered it translates into a large iShares Russell 2000 ETF short.

Shorting Big Blue

I have shorted International Business Machines and I am adding the name to my Best Ideas List this morning at $165.60.  IBM's shares have risen by about 10% in 2016 but are up 30% from the yearly lows. Unfortunately, on a fundamental basis, there ap...

Takeaways and Observations

The markets moved lower from the "get go," though about the time Sixty Minutes was on last evening the S&P 500 futures were up 10 handles. (Futures closed down 2.5 handles)   Perhaps this is the start of a well due correction. Apropos, here is the q...

IBM's for Income, Not Value, Investors

IBM's for Income, Not Value, Investors

Big Blue should have no trouble paying a dividend yield of nearly 3.4% from earnings, and even hike its dividend.

FOMO ... or Something Else?

"What if everything is an illusion and nothing exists? In that case, I definitely overpaid for my carpet." --Woody Alllen The magnitude of the market advance yesterday surprised me and many others. After a one-week sideway consolidation from an over...

My Takeaways and Observations

What a strange day -- maybe even ominous.   This table tells it all.    The divergences I have been mentioning this week intensified today, with the technology-laden Nasdaq taken out to the shed and the Russell 2000 Index trading lower for the third...

Cramer: Play This Rotation in Small Steps

Cramer: Play This Rotation in Small Steps

You have to start small. No hurry, because oil will meet resistance at $50.