Just bought 8 IBM because I didn’t have it November 5, 2012Posted by deminvest in Blue Chips, IBM, investment.
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%