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Co-Authored by Noah Cox and Brock Heilig
Investment Thesis
It's been a little over 90 days since I last wrote on the famous, big blue tech giant International Business Machines (NYSE:IBM) at the end of 2024. The stock
IBM: Big Blue's Big Plans For Quantum
Summary
- IBM's stock has risen over 7% since my 'Strong Buy' recommendation, driven by its leadership and monetization potential in quantum computing.
- The Company's unique integration of quantum and classical computing positions it to solve complex problems and maintain a competitive edge over Google and Microsoft.
- International Business Machines has achieved over $1 billion in quantum-related sales, signaling strong market demand and potential for significant revenue growth.
- Despite competition, IBM's robust R&D and strategic partnerships make it a compelling long-term growth story in quantum computing, maintaining my 'Strong Buy' stance.
This account is managed by Noah's Arc Capital Management. Our goal is provide Wall Street level insights to main street investors. Our research focus is mainly on 20th century stocks (old economy) undergoing a 21st century transformation, but occasionally we'll write on companies that help transform 20th century firms as well. We look for innovations in a business model that will cause a stock to change dramatically. Associated with SA contributor Elijah Buell.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of GOOGL, IBM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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