Shares of International Business Machines (IBM -0.59%) rose by 12.3% in January 2024, according to data from S&P Global Market Intelligence. The centennial computing giant soared on the wings of a stellar earnings report, indicating that Big Blue's fundamental bet on cloud computing and artificial intelligence (AI) is starting to pay off.IBM's AI-driven business boostThe raw numbers in IBM's earnings report weren't exactly spine-tingling. Revenue increased 4.1% year over year to $17.4 billion, edging out t ...

Fool.com contributor Parkev Tatevosian evaluates IBM (IBM -2.09%) and its prospects in the artificial intelligence market in 2024 and beyond. *Stock prices used were the afternoon prices of Jan. 29, 2024. The video was published on Jan. 31, 2024. ...

Key PointsThe S&P 500's market-cap weighting doesn't fully reflect the strength of Dow leaders IBM, Verizon, Merck, and Travelers.Reliable dividend stocks like Coca-Cola and 3M contribute to the Dow's traditional market indicator role.Dow stocks Apple, Microsoft, Salesforce and Amgen benefit from emerging trends like AI, cloud computing and drug development.5 stocks we like better than AlphabetYou don't hear as much about the Dow Jones Industrial Average as investors did a few decades ago, as the broad cons ...

Key PointsIBM stock is up 14.42% in the past month, gapping up 9.49% after better-than-expected fourth-quarter results.CEO Arvind Krishna attributes the success to the accelerating demand for AI.With a dividend yield of 3.53%, IBM has a 28-year track record of increasing shareholder payouts.5 stocks we like better than International Business MachinesInternational Business Machines NYSE: IBM stock is trading at its best levels in nearly 10 years. Take a look at the IBM chart: The stock is up 14.42% in the pa ...

Let me cut right to the chase.In my book, International Business Machines (IBM 0.39%) is one of the best buys on the market today. I've been rolling out the red carpet for Big Blue since the artificial intelligence (AI) frenzy started about a year ago. Now, I'm back to give this underappreciated AI giant the green light once again.IBM, the forgotten AI pioneerAI has been the hottest water cooler talk since OpenAI introduced the ChatGPT platform to the public in November 2022. Nearly all the companies with f ...

Sean Gallup Investment Thesis While International Business Machines Corporation (NYSE:IBM) has seen tough performance (declining business) for over 10 years, the company is leveraging open-source AI models through its Watsonx studio partnerships to emerge as an open-source AI beneficiary. The tech company has cut partnerships with companies such as their spinout Kyndryl and bought open-source companies like Red Hat (closed in 2019, but the story is coming into focus now). This has been in order to shift the ...

Investing in the stock market offers individuals the opportunity to own a share of a company’s assets and earnings. It’s a way to grow wealth over time, though it comes with varying levels of risk. Stock market investments range from individual stocks and bonds to mutual funds and ETFs. An investor’s choice depends on their financial goals, risk tolerance, and investment horizon. The stock market can offer high returns, but it’s important to remember that it also involves the risk of losing capital.Blue-chi ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Sc ...

ARMONK, N.Y., Jan. 30, 2024 /PRNewswire/ -- The IBM (NYSE: IBM) board of directors today declared a regular quarterly cash dividend of $1.66 per common share, payable March 9, 2024 to stockholders of record February 9, 2024.   With the payment of the March 9, 2024 dividend, IBM has paid consecutive quarterly dividends every year since 1916. Contact:  Tim Davidson 914-844-7847[email protected].com SOURCE IBM ...

IBM (IBM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this technology and consulting company have returned +14.4%, 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 10.2%. The key question now is: What could be the stock's future direction?While ...