International Business Machines Corporation (IBM): A Bull Case Theory

We came across a bullish thesis on International Business Machines Corporation (IBM) on Substack by Magnus Ofstad. In this article, we will summarize the bulls’ thesis on IBM. International Business Machines Corporation (IBM)'s share was trading at $229 as of Dec 3^rd. IBM’s trailing and forward P/E were 33.38 and 21.23 respectively according to Yahoo Finance.

[caption id="attachment_1238414" align="aligncenter" width="768"] A close-up view of an AI-platform software code running on a monitor.[/caption]

IBM stands at a pivotal moment as it transitions into the era of autonomous...