IBM continues it' ascents. up 5 % since this chart has been published. Not too late to buy some LEAP on this. JAN 13 275 call are trading @ .26. I bought some at .19.
QuantitativeExhaustion
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Out of the trend lines... where do you stand on IBM?
Algokid
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waiting to see if 180 will hold.
QuantitativeExhaustion
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180 does look like a significant support level ... naked eye would say very high confluence
StockFxMarket
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yup...look bullish
Algokid
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IBM stock is up over 90 % from the past 10years , minuscule compared to AAPL 3650 %. But 2011 has been a great year for IBM. it's SmartCloud technology is helping deliver high-powered analytics to small businesses and governments, optimizing everything from road construction to call centers.
The "big data" revolution that IBM is leading has led to multiple successful initiatives, hence why the stock rose 25 % last year. A decade ago, IBM's operating margin was under 10% and return on invested capital (ROIC) was only 12%. As of 2011, operating margin increased to 20%, while ROIC surged to almost 35%. This was made possible by dumping low margin business and focusing on profitable one.
Over the past ten years, IBM generated almost $120 billion in free cash flow, or about 60% of its current market capitalization; over the next five years, management targets another $100 billion.
IBM is one of the best company in the Tech sector. If the company can sustain it's ROIC of 30 % , I believe we'll see the stock make new highs in the next 5 years. But just like anything else in tech, NOTHING is guarantee. RIMM and other tech companies ,were once the next " apple" .