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Is It Time To Reassess IBM (IBM) After Its Recent Share Price Pullback?

Is It Time To Reassess IBM (IBM) After Its Recent Share Price Pullback?

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  • If you are wondering whether International Business Machines (IBM) still offers solid value at its current price, this article will walk you through what the numbers actually say about the stock.

  • IBM last closed at US$237.54, with returns of an 8.9% decline over 7 days, a 19.8% decline over 30 days, and an 18.5% decline year to date, compared with a 4.8% decline over the past year, a 105.4% return over 3 years, and a 148.1% return over 5 years.

  • Recent news coverage around IBM has focused on its role in large scale enterprise technology and ongoing interest from investors assessing how it fits into broader…

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