International Business Machines (IBM) Stock Powers Up as it Joins AI Tech Titans List
International Business Machines (IBM) was boosted today as it was added to a list of top tech titan names set to benefit from the growth in AI spending.
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Analysts at Wedbush Securities, including three-star TipRanks-rated analyst Daniel Ives, added IBM to its Best Ideas list alongside other stellar names such as Palantir Technologies (PLTR) and Salesforce (CRM).
“The clear standout over the last month from checks has been the cloud penetration success at IBM,” said Wedbush. They said IBM has a massive opportunity to monetize this growth in demand over the next 12 to 18 months. “Adding IBM to the Best Ideas List reflects our incremental confidence in this…
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