|Bid||131.05 x 800|
|Ask||131.06 x 900|
|Day's range||129.42 - 131.23|
|52-week range||115.55 - 153.21|
|Beta (5Y monthly)||0.85|
|PE ratio (TTM)||21.53|
|Forward dividend & yield||6.60 (5.11%)|
|Ex-dividend date||09 Feb 2023|
|1y target est||N/A|
Energy companies are increasingly turning toward tech heavyweights for help in cutting costs and streamlining operations
Recently, Zacks.com users have been paying close attention to IBM (IBM). This makes it worthwhile to examine what the stock has in store.
After suffering painful declines in 2022, many tech stocks surged higher beginning late last year and into the first quarter of 2023. The company first became known as a business-to-business chip provider, collaborating with large clients to meet their needs. In 2018, it also began to diversify into enterprise software, and its proposed acquisition to buy VMware for $61 billion would dramatically enlarge that segment.