IBM an opportunityfor long-term investors???
IBM :125
Market cap: 112 B
P/E:23
Dividend Yield: 5.21%
Currently trading at the bottom of a bullish regression channel (-3,+3).
In the past, it touched this level and each time bounced back +50%..!
The fundamental fair value estimation is 142-172 USD/share which is very likely to happen in the next trading year.
However, in the past 5 years, IBM showed that it could easily slip to 90-100 USD/share and no matter how good this company is, The price pattern says there will be better opportunities to buy IBM in the next few months!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Market cap: 112 B
P/E:23
Dividend Yield: 5.21%
Currently trading at the bottom of a bullish regression channel (-3,+3).
In the past, it touched this level and each time bounced back +50%..!
The fundamental fair value estimation is 142-172 USD/share which is very likely to happen in the next trading year.
However, in the past 5 years, IBM showed that it could easily slip to 90-100 USD/share and no matter how good this company is, The price pattern says there will be better opportunities to buy IBM in the next few months!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.