IBM (IBM) Offering Possible 99.2% Return Over the Next 16 Calendar Days

IBM's most recent trend suggests a bullish bias. One trading opportunity on IBM is a Bull Put Spread using a strike $143.00 short put and a strike $138.00 long put offers a potential 99.2% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $143.00 by expiration. The full premium credit of $2.49 would be kept by the premium seller. The risk of $2.51 would be incurred if the stock dropped below the $138.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for IBM is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for IBM is bullish.

The RSI indicator is at 76.51 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


LATEST NEWS for IBM

Palantir Taps Ex-IBM Exec Kassler as Chief Medical Officer
Mon, 03 May 2021 08:35:00 +0000
Palantir hired a physician and former IBM executive, William J. Kassler, as chief medical officer to lead its public-health and life-sciences teams.

Apple Raised Its Dividend. Here Are 7 Other Stocks That Did Too.
Sun, 02 May 2021 14:57:00 +0000
Apple, Chevron, and International Business Machines were among the many large U.S. companies that declared dividend increases this past week.

Don't Buy International Business Machines Corporation (NYSE:IBM) For Its Next Dividend Without Doing These Checks
Sun, 02 May 2021 07:43:09 +0000
It looks like International Business Machines Corporation ( NYSE:IBM ) is about to go ex-dividend in the next four…

7 Tech Stocks to Buy on Any Dip
Fri, 30 Apr 2021 16:36:12 +0000
Historically, extreme speculation tends to correct sharply to the downside. Eventually, the market loses willing buyers at the top, causing the bubble to burst. Naturally, many have looked to tech stocks as the source for the next big collapse. Still, with the Nasdaq index recently hitting an all-time high, it’s not looking very encouraging for the bears. But that doesn’t necessarily mean the bulls have an easy way up to new plateaus. As the Wall Street Journal reported, a day after the Nasdaq’s record-breaking run on April 26, tech stocks edged away. It wasn’t a catastrophic loss, mind you, and the sector could still ride on its jets. Nevertheless, some interesting factors could see a discount popping up in the technology space. First, the old enemy of rising bond yields returned. As the key benchmark interest rate rises, it puts pressure on tech stocks, particularly because so many have enjoyed lofty premiums, perhaps too lofty. Since the risk of bag holding is more prominent today, investors seek to rotate out of risk-on names and into safer vehicles. When rates rise, government bonds look more attractive as a reliable source of passive income.InvestorPlace – Stock Market News, Stock Advice & Trading Tips Second, a growing understanding has developed that valuations of tech stocks have been stretched further relative to other sectors. This notion become rather conspicuous when much-celebrated innovative firms released strong quarterly earnings results, only to see their equity units print red ink or respond very modestly. 10 of the Top Nasdaq Blue-Chip Stocks to Buy Again, it’s not a guarantee that tech-related companies are due for a correction. Nevertheless, a dip wouldn’t be out of the realm of possibility. If so, you should consider these tech stocks as a discounted long-term buying opportunity. IBM (NYSE:IBM) Intel (NASDAQ:INTC) Panasonic (OTCMKTS:PCRFY) Bloom Energy (NYSE:BE) FinVolution (NYSE:FINV) Micron Technology (NASDAQ:MU) Palo Alto Networks (NYSE:PANW) Despite the stretched valuations, we’re decidedly in the information age. Thus, if the technology sector suffers downside, it won’t be long before they start recovering due to their exceptional relevance. So keep these tech stocks on your radar: you just might get a tantalizing discount. Tech Stocks: IBM (IBM) Source: JHVEPhoto / Shutterstock.com An icon among tech stocks, IBM no doubt belongs among the pantheon of the sector’s greatest companies. However, this description has been more fitting of an inclusion in the history books as opposed to a contemporary investment thesis. This is a longwinded way of saying that analysts typically regard IBM stock as a boring play. Nevertheless, the times could be changing. I recognize that I’ve been saying that for quite a while and it hasn’t panned out. And I don’t want to say those dreaded words of “this time, it’s different.” What I can say is that on a year-to-date basis, IBM stock is off to an auspicious start, gaining more than 15%. Granted, that’s nothing compared to other high-powered tech stocks. But if you’re looking for a stable but relevant business, Big Blue might be it. Not too long ago, Gartner designated the company as a leader in two of its 2021 Magic Quadrant reports. This was thanks to IBM’s core competency in artificial intelligence. I’m not sure when shares might go on discount, but you may want to add a position in this potentially resurgent under-the-radar company. Intel (INTC) Source: JHVEPhoto / Shutterstock.com In recent years, Intel made multiple glaring errors that clashed with its long-held image as a leader among tech stocks. Further compounding matters, the company watched frustratingly as rival Advanced Micro Devices (NASDAQ:AMD) continued to reach plateau after plateau. You can just look at the charts and see for yourself. Over the trailing five years, INTC stock gained 90%. That’s not bad but it’s nothing compared to AMD’s astounding 2,267% return over the same period. In 2021, Intel appeared to be getting its mojo back, with INTC stock up more than 37% for the year at one point. Unfortunately, AMD again stole the tech firm’s thunder, delivering another strong quarterly result and forward guidance. Additionally, AMD enjoyed broad-based growth across nearly every product line, which translates to the company encroaching on Intel’s turf. 10 of the Top Nasdaq Blue-Chip Stocks to Buy Naturally, this contributed to the recent decline in INTC stock. On the surface, the picture looks grim. Nevertheless, Intel’s forward-looking vision and ample acumen in innovation should not be overlooked. If you don’t mind taking some contrarian risks, INTC may be attractive after it’s done correcting. Tech Stocks: Panasonic (PCRFY) Source: testing/Shutterstock.com Once a forgotten entity among tech stocks when Japanese consumer electronics products lost their luster, Panasonic has enjoyed a resurgence with its specialty in batteries for electric vehicles. Should e;ectric vehicles take off – and that’s the general assumption – PCRFY stock could do very well, potentially expanding its battery offerings to several automakers. Further, Panasonic may turn out to be the smarter bet in the EV space. Eventually, you’d figure that with so many competitors, we’ll soon see brand commoditization. Where companies will distinguish themselves is through battery technology and capacity. By then, Panasonic should have a sizable lead in research and development, boosting the case for PCRFY stock. But another reason to consider the tech firm is its acquisition of U.S. supply chain software company Blue Yonder. In a deal worth $7.1 billion, Blue Yonder became extremely relevant due to the novel coronavirus pandemic’s global supply chain disruption. Since it’s Panasonic’s biggest acquisition in a decade, investors have been skeptical. But that might make PCRFY one of the more interesting dips to advantage among tech stocks. Bloom Energy (BE) Source: Shutterstock Near the beginning of this year, Bloom Energy was off to a great start. By Feb. 8, BE stock was up 56% and it was no wonder why. First and foremost, you had the election of President Joe Biden. His victory wasn’t just a reflection of the public’s desire for a change in leadership. In addition, Biden represented a new way of thinking regarding environmental sustainability. Sadly, though, the Texas winter storm took a bite out of the clean energy thesis. Not helping matters were media pundits blasting renewable energy for the grid’s failure. Of course, the truth is much more complex than that but if you repeat something loud and long enough, it becomes true. Suddenly, BE stock finds itself up less than 2% YTD. But perhaps the selloff is overdone. Undeterred from the volatility, Bloom Energy recently announced that “in collaboration with its Korean partner, SK Engineering & Construction Co., Ltd., an affiliate of SK Group, it has successfully deployed 100 kilowatts of solid-oxide fuel cells (SOFC) powered solely by hydrogen in Ulsan, South Korea, generating zero-carbon onsite electricity.” 10 of the Top Nasdaq Blue-Chip Stocks to Buy If advanced societies hope to achieve net zero emissions, they must explore a variety of solutions. Bloom Energy is one to watch. Tech Stocks: FinVolution (FINV) Source: Shutterstock One of the reasons why tech stocks that specialize in payment and financial services like PayPal (NASDAQ:PYPL) are so popular is because they provide alternative means to access capital. According to the Federal Deposit Insurance Corporation, 5.4% (or 7.1 million) of U.S. households were unbanked in 2019. Likely, this figure will increase due to the Covid-19 crisis. Now, you can acquire tech stocks that specialize in this field for the U.S. market. But for possibly greater gains, you may want to consider FinVolution. Billed as a “leading fintech platform in China connecting underserved individual borrowers with financial institutions,” FINV stock could become the next big fintech play. Better yet, shares are not priced to the moon like other compelling tech stocks. Priced around $7, this has potential to catch fire with the social media crowd. Further, its financial performance backs up the hype. In 2020, it generated $986.3 million in revenue, up more than 42% from 2019 results. Certainly, if you’re looking for a relevant, low-cost and long-term investment, FINV stock just might fit the bill. Micron Technology (MU) Source: Piotr Swat / Shutterstock.com Over the last few days, chip manufacturer Micron Technology generated some weak numbers in its price chart. That’s not particularly surprising as the benchmark Nasdaq index has been slow over the same period. Nevertheless, the hesitant trading may be something that contrarian investors may want to advantage. First, according to its latest fiscal second-quarter earnings report, the underlying DRAM (dynamic random-access memory) market is in severe shortage while the NAND sector appears to be stabilizing in the near term. This helped boost Q2 results above Micron’s original expectations due to much higher demand across multiple end markets. Second, even without the dynamics resultant from the global chip shortage, Micron is forging a stronger footprint in two key markets: mobile MCPs (multichip packages) and automotive. According to management, Micron set revenue records for these two segments, boding well for MU stock once the global economy stabilizes. 10 of the Top Nasdaq Blue-Chip Stocks to Buy Overall, the company delivered total revenue of $6.24 billion, up 30% from the year-ago quarter. Should MU still weaken from here, this is one of the tech stocks you’ll want to keep close tabs on. Tech Stocks: Palo Alto Networks (PANW) Source: Sundry Photography / Shutterstock.com As companies rapidly scrambled to work-from-home platforms to address the Covid-19 crisis, Palo Alto Networks and similar publicly traded firms became one of the most obvious trades among tech stocks. Due to a wider footprint of access points, companies found themselves much more vulnerable to cyberattacks. If there’s any overriding concerns that executives have about their employees clocking in from their living room, it’s vulnerability to cyber criminals. In a centralized location, you can better control your digital access points. When people are working from home, it’s a different story. Once an attacker gains access, they can wreak havoc on the network. Thus, it’s not surprising that PANW stock enjoyed a strong performance over the trailing year. But will momentum carry forward now that coronavirus cases are declining in the U.S.? Undoubtedly, some investors have been skeptical about PANW stock thanks to positive events like the vaccine rollout. However, late last year, CNBC reported that one in four Americans will still be working remotely in 2021. Therefore, I don’t think it’s out of the question that cybersecurity firms will hold onto their relevance. On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article. A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG It doesn’t matter if you have $500 in savings or $5 million. Do this now. Top Stock Picker Reveals His Next Potential 500% Winner Stock Prodigy Who Found NIO at $2… Says Buy THIS Now The post 7 Tech Stocks to Buy on Any Dip appeared first on InvestorPlace.

Is IBM Stock a Buy?
Fri, 30 Apr 2021 13:00:00 +0000
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. IBM's 2021 first-quarter results showed 1% year-over-year revenue growth, the first since the end of 2019.

Be Sociable, Share!

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.