Iconic IBM (NYSE: IBM) is in the midst of a turnaround after years of revenue declines. The company is shifting its focus toward cloud computing and artificial intelligence (AI).

After its first-quarter earnings release, IBM stock reached a 52-week high on April 22. Is Big Blue's turnaround showing signs of success?

Let's look at where it is today to assess if now is the time to invest.

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Source Fool.com