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Is IBM Stock Becoming a High-Growth Tech Stock?

October 24, 2023
in Markets
Reading Time: 2 mins read
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Is IBM Stock Becoming a High-Growth Tech Stock?

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Retail traders who select to spend money on expertise shares typically solely have one option to earn money on their investments. It’s fairly primary: The inventory wants to extend in worth over time in order that it not solely outpaces inflation however broad inventory indexes such because the Nasdaq or S&P 500. For instance, a progress inventory like Google Alphabet (GOOG) has returned almost +5,000% because it went public almost 20 years in the past. As compared, the S&P 500 has gained about +300% and the Nasdaq greater than +580% throughout the identical time interval.

In the meantime, an funding in venerable tech firm IBM (IBM) would have yielded a +65% enhance over the past couple of a long time.

IBM stock performance compared against Google, S&P 500 and Nasdaq.
Sure, you must have invested in Google (pink tag) about 20 years in the past. Whereas IBM inventory has not elevated a lot in worth, it has persistently paid dividends.

However gangbuster inventory returns should not why traders purchase shares of IBM inventory. The 112-year-old firm has been paying traders a money dividend for greater than 110 years. And for greater than 1 / 4 century now, IBM has elevated its dividends to shareh

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