IBM Is Growing Again: Buy Low
IBM is a company that has been in transition since 2014. Despite falling earnings-per-share over that timeframe, high-yielding IBM has continued to increase its dividend as it has for the past 26 years in a row. Therefore, investing in IBM has been about receiving a high current yield while exercising intelligent patience. According to Barron’s magazine, IBM is finally growing again.
Consequently, it may be a perfect time to begin building a position in this blue-chip Dividend Champion. In addition to a high current dividend yield of 5.66%, the company also offers future growth potential with a margin of safety based on its low valuation.
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Disclosure: Long IBM.
Disclaimer: The opinions in this article are for informational and educational purposes only and should not be construed as a recommendation to buy or sell the stocks ...
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