Bull of the Day: IBM (IBM)

Core Insights - IBM is currently ranked 2 by Zacks, with earnings estimates trending higher, projecting $12 EPS for next year and nearly $13 for 2027 [1][2] - While not experiencing double-digit growth like the "Mag 7" companies, IBM is still growing sales in the mid-single digits and is projected to reach $70 billion in revenue next year, trading at just over 3X sales [2][19] - IBM remains a leader in technology innovation, particularly in quantum computing, with a recently unveiled 10-year roadmap for quantum innovation [3][4] Quantum Computing Innovations - IBM's quantum computing strategy focuses on building scalable, fault-tolerant systems, enhancing gate quality and error correction, and integrating quantum and classical computing [4][5] - The IBM Quantum Platform provides access to real quantum computers and features advanced hardware like the modular Quantum System Two, which includes Heron processors [5][6] - Upcoming innovations include modular quantum supercomputers like Starling and Blue Jay, aiming for thousands of logical qubits, and the Condor chip with 1,121 superconducting qubits [6] AI Solutions and Collaborations - IBM is focusing on smaller, domain-specific AI models through its watsonx platform, emphasizing reliability and enterprise utility [7][8] - The watsonx platform includes products for foundation models, generative AI, and a governance toolkit to support responsible AI workflows [9][10] - IBM continues to collaborate with companies like Salesforce to enhance AI-driven solutions [11][12]