International Business Machines Corporation (IBM)

116.00
NYSE
Prev Close 115.76
Day Low/High 115.53 / 116.62
52 Wk Low/High 90.56 / 158.75
Exchange NYSE
Shares Outstanding 890.58B
Market Cap 103.09B
P/E Ratio 13.23
Div & Yield N.A. (N.A)
Market Conditions Are Calling for More Upside

Market Conditions Are Calling for More Upside

As we move into the meat of earnings season, technical conditions remain positive and there are indications of better stock picking in the small-caps. Stay focused on the price action.

Traders Wary of Chasing Pricey Names as Rotation Resumes

Traders Wary of Chasing Pricey Names as Rotation Resumes

As earnings such as those by Netflix and IBM land, investors are again shying away from momentum stocks and moving into value names.

Markets Bet on Growth, 3 Month/10 Year Spread, Trading Nvidia: Market Recon

Markets Bet on Growth, 3 Month/10 Year Spread, Trading Nvidia: Market Recon

The Fed is doing this right. Let me repeat... the Fed is not screwing this up.

A Shift in Market Character Produces Improved Technical Action and Stock-Picking

A Shift in Market Character Produces Improved Technical Action and Stock-Picking

This is a market that wants to focus on earnings, central banks, and other positive issues.

Bank Earnings Plus Low Expectations Prove Right Combination for Market

Bank Earnings Plus Low Expectations Prove Right Combination for Market

Market players celebrated news from JPMorgan Chase, Goldman Sachs and Citibank -- and it spilled over to the broader market.

Market Narrative Shifts to Economic Growth as Earnings Season Starts

Market Narrative Shifts to Economic Growth as Earnings Season Starts

Many stocks have been in a bear market and certain sectors -- like biotechnology, recent IPOs and oil -- have been under extreme pressure.

IBM Stock Looks Primed for a Big Blue Rally

IBM Stock Looks Primed for a Big Blue Rally

The stock's technicals are pointing upward.

Jim Cramer: Looking for an Edge? Here Are 3 Stock Ideas

Jim Cramer: Looking for an Edge? Here Are 3 Stock Ideas

Let's consider the case of what would be the best odds on favorites to start a new position in the Dow Jones average.

Cisco's Reported Buyout Offer for Datadog Drives Home Its Software Ambitions

Cisco's Reported Buyout Offer for Datadog Drives Home Its Software Ambitions

The networking giant was reportedly willing to pay much more than $7 billion for infrastructure and app monitoring software firm Datadog, which delivered a strong IPO on Thursday.

Okta Aims to Defend Lofty Valuation on Earnings

Okta Aims to Defend Lofty Valuation on Earnings

Outlining Okta's earnings prospects on Wednesday is a tale of tempting TAM and troublesome valuation.

Avoiding the 'Stock Trading Jones'

* Non-stop trading is a mugs' game * So, don't catch the "Stock Trading Jones" Speaking of my trading inactivity today, let's get back to too much trading. Here is another repost from seven years ago on this subject:  This morning I want to explain ...

NetApp's Warning Is In Stark Contrast to the Strong Growth Seen by Cloud Giants

NetApp's Warning Is In Stark Contrast to the Strong Growth Seen by Cloud Giants

As NetApp tumbled and sparked a broader selloff in enterprise hardware stocks, AWS and other cloud giants are still reporting strong growth.

Lean, Mean Fighting Machines Emerge From Debt Diet

Lean, Mean Fighting Machines Emerge From Debt Diet

The catalyst for equities is now out of the bag, it is just a matter of finding companies with that catalyst before everyone catches on.

Jim Cramer: Intel Earnings Are a Green Light Despite Some Weakness

Jim Cramer: Intel Earnings Are a Green Light Despite Some Weakness

The fact that the stock's running could be because CEO Bob Swann called the bottom in data center spend.

Jim Cramer: It's Looking Like the 1980s

Jim Cramer: It's Looking Like the 1980s

Kimberly-Clark's performance is nothing to sneeze at, and neither is Coca-Cola's, as higher sales, higher prices and big demand from emerging markets appear to give us a return to the good old days of great senior growth stocks.

6 Tech Stock Favorites Poised for Second-Half Gains

6 Tech Stock Favorites Poised for Second-Half Gains

These technology picks remain big favorites for the second half of 2019.

The Reaction to Earnings Will Tell the Story While We Await the Fed

The Reaction to Earnings Will Tell the Story While We Await the Fed

We have some minor strength to start the day but earnings reports this week will be critical.

Microsoft Valuation Moves Well Beyond $1 Trillion on Strong Earnings

Microsoft Valuation Moves Well Beyond $1 Trillion on Strong Earnings

MSFT's results are justifying its massive market cap.

Fed's Next Move, Microsoft's Performance, Trading U.S. Bancorp: Market Recon

Fed's Next Move, Microsoft's Performance, Trading U.S. Bancorp: Market Recon

What the Fed needs to do in July is to cut the FFR by 25 basis points and put the balance sheet management (QT) program to bed two months early.

About Those IBM Comments

I see there is some debate about IBM in the Diary comments below, and here are my two cents...  My biggest gripe with IBM is its inability to harness all of its R&D spending and convert it into revenue. I'm not sure if the management thinks they are...

Small Caps Rise as Traders Change Channel on NFLX, Other Big Caps

Small Caps Rise as Traders Change Channel on NFLX, Other Big Caps

It's a stock picker's market as action in individual stocks is better than on the indexes.

IBM and Netflix Go Separate Ways in Nervous Trading

IBM and Netflix Go Separate Ways in Nervous Trading

I don't expect to see the bears and shorts press too hard right now but there isn't going to be much upside momentum.

Netflix and IBM Earnings Spark Negative Response, but Microsoft Will Be Key

Netflix and IBM Earnings Spark Negative Response, but Microsoft Will Be Key

There are still stock-picking opportunities, but tighten stops and don't let losses build.

Worries on Netflix Earnings Tug at Markets

Worries on Netflix Earnings Tug at Markets

Now that the numbers are actually hitting, it's difficult to place faith in possible lower interest rates to offset for poor growth.

Market Looks Pretty Unemotional. Maybe Deluge of Earnings Wakes It Up

Market Looks Pretty Unemotional. Maybe Deluge of Earnings Wakes It Up

The market remains muted on the news, with bad headlines leading to dip-buying and good news failing to produce protracted momentum.

U.S. Monetary Policy, Trading Lockheed, Netflix and United Rentals: Market Recon

U.S. Monetary Policy, Trading Lockheed, Netflix and United Rentals: Market Recon

Preventing the U.S. dollar from appreciating too aggressively while repairing credit conditions are 'job freaking one'.

Be Reactive to the Market in This Narrow Trading Range

Be Reactive to the Market in This Narrow Trading Range

Don't be rigid in your thesis, keep an eye on market action and respond as appropriate.

Complacent Market Players Keep It Chill -- as Sparks Fly All 'Round

Complacent Market Players Keep It Chill -- as Sparks Fly All 'Round

It is still a surprisingly sedate market, despite indexes sitting close to all-time highs, earnings season, possible interest-rate cuts and endless speculation about China trade.

VMware Followers Could Find Its Shares Become Cheaper in the Weeks Ahead

VMware Followers Could Find Its Shares Become Cheaper in the Weeks Ahead

Traders and investors were disappointed recently when the IT company did not raise guidance and that weakness does not look like it has run its course.

IBM Looks Like It Could Break Out on the Upside but Increased Volume Is Needed

IBM Looks Like It Could Break Out on the Upside but Increased Volume Is Needed

IBM is likely to take one of two paths.