Better Tech Stock: IBM vs. Microsoft
(NYSE: IBM) and Microsoft (NASDAQ: MSFT) are both blue-chip tech stocks, but they went in different directions over the past 10 years. IBM's shares rose just 10% as the sluggish growth of its legacy businesses offset its burgeoning cloud division. Microsoft's stock skyrocketed 986% as it successfully expanded its mobile, cloud, AI, and gaming segments.
When we look at those growth trajectories, we might assume that Microsoft is still a better overall investment than IBM. However, past performance is a poor indicator of future gains, and IBM is showing flickers of life again as its revenue growth stabilizes. Over the past month, IBM's share prices jumped 16%, while Microsoft's stock climbed 11%.
Image source: Getty Images.
Source Fool.com
International Business Machines Corp Stock
€156.52
-0.040%
With 12 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 7.97% compared to the current price of 156.52 € for International Business Machines Corp.
