Better Buy: International Business Machines vs. Oracle
Though these two tech industry behemoths share a number of similarities, Oracle (NYSE: ORCL) shareholders have certainly enjoyed 2017 more than IBM (NYSE: IBM) owners. If not for IBM's recent stock price pop following its third-quarter earnings report, the disparity would be even greater.
Oracle shares are up 29% this year while IBM has meandered its way to a 2.5% loss. But both are transitioning away from legacy hardware sales, and both are laser-focused on their plans to capture major shares of the cloud, artificial intelligence (AI), and software-as-a-service (SaaS) markets. But given their current valuations and long-term prospects, which is the better buy today?
Image source: Oracle.
Source: Fool.com
International Business Machines Corp Stock
€204.75
0.170%
The stock is one of the favorites of our community with 44 Buy predictions and 3 Sell predictions.
With a target price of 271 € there is a positive potential of 32.36% for International Business Machines Corp compared to the current price of 204.75 €.
