International Business Machines Corp News and Headlines -

GuruFocus Articles Total 1039
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Thoughtful advice from the late Peter L. Bernstein

In 2004, Wall Street Journal reporter Jason Zweig interviewed the late Peter L. Bernstein, the esteemed author of investment classics like "Against the Gods: The Remarkable Story of Risk" and "Capital Ideas: The Improbable Origins of Modern Wall Street." Zweig described Bernstein as an "economist, historian, investment thinker and one of the wisest and most philosophical people on Wall Street." During the interview, Zweig asked Bernstein about the most important things that he had to unlearn over the course of his career. This was Bernstein's answer:

"That I knew what the future held, I guess. That you can figure

129 Views    The Science of Hitting    2020-09-24 15:45
I got very excited when I came across an excerpt from Jordan Ellenberg's book, How Not to Be Wrong.

I got very excited when I came across an excerpt from Jordan Ellenberg's book, "How Not to Be Wrong." His book was written to teach readers how much logic and common sense is provided by math. He tells the story of Abraham Wald during World War II, who worked for the Statistical Research Group. The SRG was a group of mathematicians who sought to improve the U.S.'s chances of success by analyzing data on a myriad of subjects. The case that opens Ellenberg's book is how Wald approached analyzing bullet holes on planes that came back from missions. Below is

521 Views    Smead Capital Management    2020-09-15 19:26
The deal has some similarities to Buffett's IBM buy

A few days ago, I wrote an article about my thoughts on Berkshire Hathaway's (BRK.A) (BRK.B) latest tech deal. The deal will see the conglomerate invest more than $570 million into the IPO of cloud database company Snowflake.

In the article, I noted that I think Todd Combs and/or Ted Weschler was most likely behind the transaction, as Warren Buffett (Trades, Portfolio) would be unlikely to be investing in an IPO or high-valued tech stock.

However, this is all still speculation until we hear word from Buffett himself. There are also a couple of

769 Views    Rupert Hargreaves    2020-09-11 14:56
Guru further slashes stake in struggling bank

After slimming several of its positions in bank stocks during the second quarter, Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway (BRK.A)(BRK.B) revealed last week it further curbed its long-held stake in Wells Fargo & Co. (WFC) by 42.1%.

The legendary guru, who leads the Omaha, Nebraska-based insurance conglomerate, follows a long-term value investing approach that focuses on companies that have understandable business models, favorable long-term prospects and competent management teams that are available at attractive prices.

According to GuruFocus Real-Time Picks, a Premium feature, Berkshire divested of 100.02 million shares of the San Francisco-based bank on Aug.

1668 Views    Sydnee Gatewood    2020-09-08 16:52
Markets in the red, shares of Ciena sink

US Markets

U.S. stocks were in the red on Thursday after a record session yesterday. U.S. jobless claims fell by 130,000 to a seasonally adjusted 881,000 in the last week of August, but it is still historically high. The Dow slid 0.08% to 29,063, the S&P 500 index fell 0.75% to 3,554 and the Nasdaq Composite Index was down 1.74% to 11,847.


• NiSource Inc​ (NI) +2.1%

• FedEx Corp (FDX) +1.4%

• International Business Machines Corp (IBM) +0.94%

• NRG Energy Inc (NRG) +0.85%

• Dominion Energy Inc (D) +1.1%


• Juniper Networks, Inc. (JNPR) -5.3%

67 Views    Omar Venerio    2020-09-03 15:16
Financial strength and profitability make this small-cap a good growth prospect

In June 2020, CACI International Inc (CACI) won what may be its biggest contract ever: a $1.5 billion deal with the National Geospatial-Intelligence Agency (an arm of the U.S. Department of Defense) to supply its enterprise information technology, transport and cybersecurity services.

On July 27, it won another significant contract with the U.S. Air Force “to help U.S. forces integrate operations across all domains and against any adversary.” The contract, for which no dollar amount was provided, covers the domains of air, land, sea, space, cyber and electromagnetic spectrum. The goal is to help the Air Force develop its new

160 Views    Robert Abbott    2020-08-06 14:55
The stock could be a value buy amid the positive change in strategy

IBM (IBM) has been reporting decent results, despite the pandemic. More importantly, the financial results show that IBM's corporate strategy is now de-emphasizing financial engineering via stock buybacks and focusing more on growth and deleveraging.

Last year, IBM, often called by the nickname "Big Blue," made one of the most important acquisitions in its history, the acquisition of RedHat. Then, it replaced its CEO with a new one. This is somewhat reminiscent of what Microsoft (MSFT) did in 2014 by replacing a former "marketing/sales/finance" oriented CEO with one with a strong tech and R&D background. Satya Nadella shifted Microsoft

301 Views    Praveen Chawla    2020-07-30 17:05
When you are in a financial euphoria episode, like the one we are in currently, it is hard to visualize the impact it has when it breaks

When you are in a financial euphoria episode, like the one we are in currently, it is hard to visualize the impact it has when it breaks. Historically, it is the leading cause of stock market failure. We thought it would be helpful to discuss the secondary impact of the euphoria on common stocks. What do companies not in the center of the euphoria do when the fever breaks? How much portfolio adjustment do you need to do to protect yourself? What are the investment implications of owning common stocks whose prices have been inflated by mania, but are not

177 Views    Smead Capital Management    2020-07-28 18:15
International Business Machines is trying hard to bring back the glory days via the hybrid cloud

International Business Machines Corp. (IBM), sometimes referred to by the nickname "Big Blue," is trying hard to bring back the old glory days of innovation and growth with the hybrid cloud.

Big Blue has been in the midst of "creative destruction," shunning mature low-profit technology businesses and replacing them with emerging high-margin markets like the cloud and internet security.

On July 20, the computer hardware company reported second-quarter operating earnings per share of $2.18. Total revenue came in at $18.1 billion, down 5.4% over the same period. That's on top of a 3.4% decline in the first-quarter reported back

142 Views    Panos Mourdoukoutas    2020-07-21 22:24
Fund's largest sales of the 2nd quarter

The Parnassus Endeavor Fund (Trades, Portfolio), which manages a $2.57 billion portfolio composed of 26 stocks, sold shares of the following stocks during the second quarter of 2020.

International Business Machines

The fund cut its position in International Business Machines Corp. (IBM) by 78.75%. The trade had an impact of -2.72% on the portfolio.


The company, which covers a wide range of information technology solutions, has a market cap of $112.20 billion and an enterprise value of $169.92 billion.

GuruFocus gives the company a profitability

65 Views    Tiziano Frateschi    2020-07-21 16:21
Nasdaq gains 2.51%

The Dow Jones Industrial Average closed at 26,680.87 on Monday with a gain of 8.92 points or 0.03%. The S&P 500 closed at 3,251.84 for a gain of 27.11 points or 0.84%. The Nasdaq Composite closed at 10,767.09 for a gain of 263.90 points or 2.51%. The VIX Volatility Index was lower at 24.46 for a loss of 1.22 points or -4.75%.

Monday’s Market Movers

U.S. indexes closed higher Monday, with investors hopeful of a Covid-19 vaccine. A report from Oxford University in partnership with AstraZeneca (AZN) showed success from early-stage human trial data testing a Covid-19 vaccine. The news

21 Views    Julie Young    2020-07-20 22:26
Consider its strong dividend and buyback position against questionable fundamentals

On April 28, International Business Machines Corp. (IBM) became a member of the exclusive Dividend Aristocrats club. This club is made up of S&P 500 companies that have increased their dividends each year for at least 25 years.

Only 66 companies are on the list for 2020, and they are favorites of many investors, especially for income investors. Odds are high that these companies will increase their dividends by more than the inflation rate.

The dividend increase that got IBM into the club was just a penny, bumping the quarterly payment from $1.62 to 1.63. According to Arvind

683 Views    Robert Abbott    2020-07-10 21:36
Discussion of markets and holdings

The second quarter seemed like the first quarter movie was played backwards. At the beginning of the year, stock prices increased modestly and then quickly plummeted in the fastest ever bear market, with the S&P 500 Index dropping by 34% in 23 trading days. The second quarter started with the fastest ever 50-day stock price recovery, during which the S&P 500 shot up 40% (including a few days at the end of March), which was followed by a modest decline. Though not intuitive, a 40% gain doesn’t offset a 34% decline (0.66 x 1.40 = 0.92), so the S&P 500

120 Views    Sydnee Gatewood    2020-07-09 18:28
After delivering a solid result, the data management and analytics player is up for sale

Mergers and acquisitions across the U.S. market are expected to grow over the coming months with companies available for sale at lower valuations and the increasing need for financing by smaller players to counter the economic impacts of the Covid-19 pandemic.

One of the cloud technology players that is in talks with potential buyers for an acquisition over the coming months is known data management and analytics firm Cloudera, Inc. (CLDR). Interestingly, Cloudera’s sector has been one of the few to actually benefit from the pandemic. The company’s stock has appreciated well, but not as much as other cloud peers.

360 Views    Ishan Majumdar    2020-07-06 15:14
Their yields beat the 20-year high-quality market corporate bonds

If you look for stocks that more than double the earnings return the 20-year high quality market corporate bonds are offering to their holders, you could significantly increase your chances of finding value opportunities. The monthly yield on these bonds is 3.34% as of May. The bonds represent corporate loans issued by triple-A, double-A and single-A-rated companies.

Thus, value investors may want to have a look at the following stocks as they grant earnings returns exceeding 6.68% (twice the monthly return on the corporate bonds) and, therefore, have price-earnings ratios below 14.97.

Enterprise Products Partners

Shares of Enterprise Products Partners

202 Views    Alberto Abaterusso    2020-07-01 14:13
We believe that investors can learn something from Mark Leonard in terms of his entrepreneurship, capital allocation, leadership and shareholder-friendliness

Canada-based Constellation Software (TSX:CSU) concentrates on acquiring and growing market-leading software businesses that develop specialized, mission-critical software solutions in various verticals.

As indicated in our previous articles, an inorganic growth strategy would usually discourage us. However, checking the past financials of the business, we are amazed to see an average return on equity of more than 40% and a compound annual growth rate of almost 40% in net profit for the last decade. No wonder the stock has considerably outperformed.

Thus, we looked into the company's filings and shareholder letters to find investing lessons from Mark Leonard, who is the

800 Views    Steven Chen    2020-06-19 14:47
3 investing lessons I've learned from the renowned guru

In past articles, I’ve mostly focused more on the life lessons I’ve learned from Arnold Van Den Berg (Trades, Portfolio), with a few investing lessons sprinkled in. Being a renowned value investor with more than 45 years of experiences, Van Den Berg has accumulated a tremendous amount of advice and wisdoms.

In this article I’ll share some of the most important investing lessons Van Den Berg has taught me.


When I met Arnold Van Den Berg (Trades, Portfolio) for the first time in November 2012, we spent quite some time going through his

417 Views    Grahamites    2020-06-16 15:20
Dow Jones down -6.90%

The Dow Jones Industrial Average closed at 25,128.17 on Thursday with a loss of 1,861.82 points or -6.90%. The S&P 500 closed at 3,002.10 for a loss of 188.04 points or -5.89%. The Nasdaq Composite closed at 9,492.73 for a loss of 527.62 points or -5.27%. The VIX Volatility Index was higher at 40.78 for a gain of 13.21 points or 47.91%.

Thursday’s Market Movers

U.S. indexes ended lower Thursday after selling in equities. Investors were concerned over coronavirus infections with the number of infected individuals increasing to over 2 million. Investors also appeared to be taking some gains from

77 Views    Julie Young    2020-06-11 21:41
Thoughts from Berkshire Hathaway's 2005 annual meeting

Getting started in investing can seem like a daunting process. Even for experienced investors, the markets can be a confusing and complex thing to understand.

If you are buying single stocks, there are tens of thousands of equities to pick around the world. Even if you are only investing in funds, the number of investment funds available to invest in at any one point in time is enormous. So, what's the best way to start investing and go about learning the stock market?

Buffett's advice for investors

At the 2005 Berkshire Hathaway (BRK.A) (BRK.B) annual meeting of shareholders, the

377 Views    Rupert Hargreaves    2020-06-05 15:42
Apple, IBM and Travelers all recently gave shareholders a dividend increase

While well-known companies like Boeing (BA), The TJX Companies (TJX) and The Walt Disney Company (DIS) have cut or suspended dividend payments at least in part due to the impact of the Covid-19 pandemic, there are numerous other companies that continue to raise payouts to shareholders.

It is one thing to be able to raise dividends when the economy is growing, but I’m more interested in knowing which companies can do so in a difficult environment. As an investor who will rely on income from my investments to fund retirement, I want to add names to my portfolio that have

293 Views    Nathan Parsh    2020-05-10 13:40

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2020-09-25 $ 117.84 (-0.21%)
2020-09-22 $ 120.51 (0.22%)
2020-09-18 $ 122.76 (-1.73%)
2020-09-17 $ 124.92 (0.56%)
2020-09-16 $ 124.22 (1.45%)
2020-09-15 $ 122.44 (0.29%)
2020-09-14 $ 122.09 (0.52%)
2020-09-11 $ 121.46 (0.75%)
2020-09-10 $ 120.56 (-1.39%)
2020-09-08 $ 121.21 (-0.89%)
2020-09-04 $ 122.3 (-1.73%)
2020-09-03 $ 124.45 (-2.91%)
2020-09-02 $ 128.18 (3.87%)
2020-09-01 $ 123.4 (0.07%)
2020-08-31 $ 123.31 (-1.41%)
2020-08-28 $ 125.07 (0.34%)
2020-08-27 $ 124.65 (0.39%)
2020-08-26 $ 124.17 (-0.38%)
2020-08-25 $ 124.64 (-0.83%)
2020-08-24 $ 125.68 (2.05%)
2020-08-19 $ 123.84 (-0.86%)
2020-08-18 $ 124.92 (0.39%)
2020-08-17 $ 124.44 (-0.66%)
2020-08-11 $ 126.75 (-0.28%)
2020-08-06 $ 126.12 (0.53%)
2020-07-30 $ 122.9 (-1.93%)
2020-07-24 $ 125.79 (-1.21%)
2020-07-23 $ 127.33 (-1.04%)
2020-07-22 $ 128.67 (2.07%)
Is IBM Stock a Buy? -
2020-07-21 $ 126.06 (-0.25%)
2020-07-20 $ 126.37 (1.01%)
2020-07-17 $ 125.11 (0.89%)
2020-07-16 $ 124.01 (0.82%)
2020-07-15 $ 123 (1.99%)
2020-07-14 $ 120.6 (1.17%)
2020-07-13 $ 119.2 (0.72%)
2020-07-10 $ 118.35 (2.28%)
2020-07-09 $ 115.71 (-1.7%)
2020-07-08 $ 117.71 (0.11%)
2020-07-03 $ 119.7 (%)
2020-07-02 $ 119.7 (0.98%)
Total 754
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