IBM Looks Oversold with PE 13 and Strong Dividend Yield as Value Tech Trade
(NEW YORK)–International Business Machines Corp (NYSE:IBM) saw its stock drop sharply after reporting fairly decent earnings on foreign currency exchange concerns with stronger US dollar. IBM reported a 16% revenue growth rate in Q2 2022. when excluding foreign currency exchange rates, and has greatly outperformed the market being down 2%, versus an 18% drop for […]
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