International Business Machines Corporation (IBM) has been attracting significant investor attention due to its recent activity. The tech stock is currently being considered undervalued, which has sparked positive analyst upgrades leading to a slight trading increase. The company's Profits On Equity (ROE) have been surpassing the industry average, a feature highlighted as an attractive investment. Boasting a healthy 61% institutional ownership, IBM remains a favorite among substantial investors. Its flagship office at One Madison Avenue in New York City has been unveiled, representing a tangible presence of the tech giant. The company's dividend has been increasing, making it a good option for investors seeking growing returns. Furthermore, IBM has achieved a respectful 42% return last year pleasing its investors. In terms of cybersecurity, IBM is upping its game with a new training facility in Washington DC and a strategic collaboration with Palo Alto Networks in providing AI-powered security offerings. However, IBM has also been recently faced with lawsuits regarding diversity quotas. A note is also made on the company's debt-to-equity ratio which stood at 2.49 as of June 2024.
International Business Machines Corporation IBM News Analytics from Sun, 03 Dec 2023 00:12:51 GMT to Fri, 06 Sep 2024 18:42:00 GMT -
Rating 5
- Innovation 4
- Information 7
- Rumor 3
