Could IBM Stock Surge Another 16%?

Shares of International Business Machines (IBM 2.96%) have soared more than 60% over the past year as the company's cloud and artificial intelligence (AI) strategies meshed with investors. IBM has not only returned to consistent revenue and free-cash-flow growth, but growth is now starting to accelerate. Revenue was up 3% adjusted for currency in 2024, and it's expected to rise at least 5% in 2025 despite an uncertain economic backdrop. IBM has booked more than $6 billion worth of generative AI-related busi ...