This is a weak and only weakening story. At $150, IBM stock is more appropriately priced than at $160
and up. But I’m not comfortable buying this name until it dips further, preferably to the sub-$130 range as it
did in early 2016.
Until then, I think this is a name to punt on.
And it will undoubtedly dip further & likely soon. . .
https://investorplace.com/2018/04/numbers-just-arent-good-enough-international-business-machines-corp-stock/