"IBM has a unique business model that is very difficult to replicate," declares Sterne Agee's Shaw Wu, who has made the IT giant a top 2013 pick. Big Blue's success in offering integrated hardware/software/services solutions makes it a lot like Apple, Wu argues, and the fact 60% of its profits come from recurring streams provides predictability. He's also optimistic IBM's Power server refresh will boost software/services sales. Shares have been in a trading range the last 2 months after falling in the wake of a disappointing Q3 report (I, II).
"IBM has a unique business model that is very difficult to replicate," declares Sterne Agee's...
From other sites
Video at CNBC.com (Fri, 6:00AM)
Video at CNBC.com (Thu, 5:00PM)
Video at CNBC.com (Tue, 12:49PM)
Video at CNBC.com (Tue, 6:19AM)
Video at CNBC.com (Mon, 5:59PM)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs