Is International Business Machines Stock Outperforming the Dow?

International Business Machines Corp_ logo on storage rack-by Nick N A via Shutterstock

International Business Machines Corp_ logo on storage rack-by Nick N A via Shutterstock

International Business Machines Corporation (IBM), headquartered in Armonk, New York, provides integrated solutions and services. With a market cap of $284.6 billion, the company offers analytics, IT infrastructure, cloud, business operations and automations, cybersecurity, data storage, application development, asset management, blockchain, software, and consulting solutions. 

Companies worth $200 billion or more are generally described as “mega-cap stocks,” and IBM definitely fits that description, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the information technology…

Source link