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Just bought 8 IBM because I didn’t have it November 5, 2012

Posted by deminvest in Blue Chips, IBM, investment.
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I have never liked IBM as a company, this is very unfortunate because buying  it 10 years late, I misses the chance to double or triple up my investment.

I hope it just late and not  too late!

Order Status:Executed 8 Executed 11/05/12, 10:05:15 AM (ET) @ $193.11: Total:$1,552.95.

IBM is a great company, it is on the cheap side:

Trailing P/E : 13.87
Forward P/E  : 11.60

It goes give ok dividends:

Forward Annual Dividend Yield: 1.80%

What is not good regarding IBM is the lacking of current growth:

Qtrly Revenue Growth (yoy): -5.40%

Qtrly Earnings Growth (yoy): -0.40%

Comments»

1. Warren - November 20, 2012

I hope it works out for you – personally, I think IBM is headed the way of HPQ in the coming months, based on business decisions they’re currently making whereby they are favoring outsourcing over insourcing, and becoming more and more of a services operation over a products one.


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