International Business Machines Corp.: Can IBM Stock Get Past Short-Term Disappointments?

International Business Machines Corp. (IBM) has lost some of its luster over the last five years as the company’s dominance in PC hardware became less and less valuable with the advent of cloud computing and mobile browsing. IBM stock has declined just over 7.5% over the last 12 months, and Big Blue could be in for another drop with its upcoming earnings release on Monday. However, that doesn’t mean it’s a dud. In fact, buying IBM stock now could prove to be a very lucrative long-term play. IBM is set to release its first-quarter earnings on Monday, April 18, and most believe that the figures will disappoint. The firm is expected to announce earnings per share of $2.08 a share and revenue of $77.9 billion, though many analysts are anticipating even worse results. IBM has…


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