Is IBM a buy coming off a great July? Traders are split

France Nouvelles Nouvelles

Is IBM a buy coming off a great July? Traders are split
France Dernières Nouvelles,France Actualités
  • 📰 CNBC
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

The 'Halftime Report' traders debate the upside for IBM, one of the Dow's best performers in July. They're split on the value of the Red Hat acquisition and the quality of leadership at the company.

its coverage of IBM at an overweight rating and $170 price target on Thursday. The analyst argues that investors are missing the recent acceleration in IBM's core revenues, which they believe should be propelled further by the Red Hat deal.of Short Hills Capital Partners, who sold his IBM shares in May after not seeing the revenue growth he had hoped for, remains bearish..

Though Najarian shares Weiss' concerns about Rometty, he thinks the Red Hat acquisition can solve that problem too, in the form of their CEO Jim Whitehurst.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

CNBC /  🏆 12. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

IBM reportedly axed as many as 100,000 employees in recent years because it wanted to appear as ‘cool’ and ‘trendy’ as Amazon or GoogleIBM reportedly axed as many as 100,000 employees in recent years because it wanted to appear as ‘cool’ and ‘trendy’ as Amazon or GoogleA former IBM exec said IBM axed 100,000 employees because it wanted to look “cool” and “trendy,” according to a Bloomberg report.
Lire la suite »

July Mani of the Month: Neon Orange Nails for a Dose of Vitamin CJuly Mani of the Month: Neon Orange Nails for a Dose of Vitamin CWe've reached summer's halfway point, which means peak heat, peak pool time and—in the realm of nails—peak neon, a trend that's been holding true all through 2019.
Lire la suite »

MSNBC's Rachel Maddow Slips To 5th Place In July RatingsMSNBC's Rachel Maddow Slips To 5th Place In July RatingsMeanwhile, Donald Trump's favorite morning show, Fox & Friends, pushed CNN's New Day to its lowest ratings in five years.
Lire la suite »

The Strategist Haul: What the Editors Bought in JulyThe Strategist Haul: What the Editors Bought in JulyHere's how the Strategist's online shopping experts shopped for themselves and their families in July
Lire la suite »

Noah Cyrus Releases Reflective New Track 'July' & Music Video: WatchNoah Cyrus Releases Reflective New Track 'July' & Music Video: WatchAs the month draws to a close, Noah Cyrus has returned with new track 'July,' a folk-infused ballad in which she reflects on the never-ending cycle of a toxic relationship.
Lire la suite »



Render Time: 2025-04-21 19:48:43