International Business Machines Watchlist

IBM is a new star in the AI stock sky. It looks set to reach $300!

J. Meyer
Reading Time: 1 minute

"Big Blue" IBM (IBM) stood out among AI stocks last week with strong quarterly results and a rapidly growing AI business. The stock hit a new 52-week high, and the Pivotal News Point has the potential to push the stock to $300. What drives the value? Today is Investor Day. They aim to present the path to becoming a leader in the era of hybrid clouds and AI. A few days ago, the figures were convincing, as many customers are turning to IBM for their AI transformation. The AI business has increased to $5 billion. Compared to the previous quarter,...

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