3 Tech Stocks You Can Buy on Sale Now
Sometimes, even well-respected stalwarts of industry wind up in Wall Street's bargain bin. The question for long-term investors is whether they belong there.
Case in point: IBM (NYSE: IBM), Intel (NASDAQ: INTC), and HP Inc. (NYSE: HPQ) -- a trio of tech giants operating in different sandboxes, but whose stocks have been beaten down for similar reasons. The market fears that their pivots toward future growth won't deliver the kind of earnings they had in the past.
IBM CEO Ginni Rometty is transforming Big Blue into a company focused on cutting-edge new markets via its strategic imperatives units: the cloud, data analytics, mobile, and security. Intel, too, is in the midst of change, but few investors seem impressed. As for HP Inc., CEO Dion Weisler is reinventing how the PC king develops and sells its products.
Source: Fool.com
International Business Machines Corp Stock
With 11 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 169 € shows a slightly positive potential of 9.29% compared to the current price of 154.64 € for International Business Machines Corp.
