#9 - IBM (NYSE:IBM)
IBM (NYSE: IBM) IBM’s stock had a rough start to 2018, falling 20% - most of that decline coming after the company reported weaker than expected third-quarter results fueled by their acquisition of Red Hat Inc. However, analysts are projecting the stock to surge by as much as 9% by April 2019. However, even with that growth factored in, the stock is selling at a discount to others in its sector. It is currently trading at just above 19X earnings which are still below the average of its peers (28.7). IBM has been a little late to the party in terms of achieving revenue growth through subscription sales, but (the third quarter aside) they have been showing both revenue (top line) and earnings per share (EPS) growth. When you combine its growing revenue and extremely value-priced stock with a dividend yield that has just climbed above 5%, you have a stock that is well positioned for the risk-averse investor.
About International Business Machines
International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.
Read More - Current Price
- $222.97
- Consensus Rating
- Hold
- Ratings Breakdown
- 6 Buy Ratings, 8 Hold Ratings, 3 Sell Ratings.
- Consensus Price Target
- $208.12 (6.7% Downside)
Predictable revenue from a broad customer base; a history of paying consistent, and in many cases rising, dividends; a healthy balance sheet. These are just a few of the things risk-averse investors should be looking for when considering which stocks to be invested in. These are qualities that reach across sectors and all of these qualities are found in the companies in this report.
With the mid-term elections behind us and the end of the year rapidly approaching, the market is looking primed for a year-end rally that could easily propel stocks into 2019. Adding one or more of these stocks to your portfolio will help you relax and enjoy everything the Holidays bring while watching your portfolio achieve slow, steady growth. And with marketbeat.com, you can easily track your stocks as well as receive analysts ratings as soon as they come out. It’s a great way to stay informed of news that could affect your portfolio.
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