Is Most-Watched Stock International Business Machines Corporation (IBM) Worth Betting on Now?
IBM (IBM) has recently been on Zacks.com’s list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock’s performance in the near future.
Over the past month, shares of this technology and consulting company have returned +8.4%, compared to the Zacks S&P 500 composite’s +3.4% change. During this period, the Zacks Computer – Integrated Systems industry, which IBM falls in, has gained 5.4%. The key question now is: What could be the stock’s future direction?
Although media reports or rumors about a significant change in a company’s business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental…
