Three Points Downside Risk-Thirty Points Upside Target

24 בספט׳ 2018

This is probably the last great entry point for IBM. At 150 you still get 4+% yield and with only about 3 points of downside to 30 points to my first major upside target, a great total return opportunity. The stock could trade up as high as 160 before the Oct. 17th earnings release. Once that comes out I expect a run to at least 170. By then it will be clear to the investment community that IBM has successfully transformed itself over the last five years and will once again be a market leader as it has numerous times in the past. You get a company that has paid dividends for over 100 years, increases them almost annually, yields over 4%! and is on the cusp of being involved in every growing industry because all companies and markets are going digital, using the cloud, AI, machine learning, blockchain and IBM is involved in all of them. They don't have to be the market leader in all areas, just get a piece of many expanding markets. BUY! Chartsmaster