International Business Machines Corp. (NYSE:IBM) is one of the 10 Resilient Stocks Beating Market Slump.

International Business Machines saw its share prices climb by 5.04 percent on Tuesday to close at $264.94 apiece, after JPMorgan turned bullish for its stock, thanks to the rosy prospects for its software business.

In a market note, JPMorgan upgraded International Business Machines Corp. (NYSE:IBM) to “overweight” from neutral previously, while raising its price target by 7.8 percent to $291 from $270.

The coverage reflected its optimism for a strong demand for software services amid the accelerating adoption of artificial intelligence.

It said that software services will become…