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IBM (IBM) Stock Analysis: Buy IBM Shares After Bad Earnings?
International Business Machines (#IBM) reported their Q4 earnings and shares tanked -10%. The company reported an EPS beat by $0.19, but revenue failed to impress and was down -6.5% Y/Y.
For years IBM has struggled to increase revenues and net incomes have been followed the same trend. The company's largest revenue stream is from cloud computing, which is an industry that's growing tremendously and will continue to for years to come. Is now the time for investors to buy IBM stock?
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By Financial MoversInternational Business Machines (#IBM) reported their Q4 earnings and shares tanked -10%. The company reported an EPS beat by $0.19, but revenue failed to impress and was down -6.5% Y/Y.
For years IBM has struggled to increase revenues and net incomes have been followed the same trend. The company's largest revenue stream is from cloud computing, which is an industry that's growing tremendously and will continue to for years to come. Is now the time for investors to buy IBM stock?