|Bid||3,318.13 x 800|
|Ask||3,324.00 x 800|
|Day's range||3,258.91 - 3,343.63|
|52-week range||1,626.03 - 3,552.25|
|Beta (5Y monthly)||1.20|
|PE ratio (TTM)||95.42|
|Earnings date||02 Feb 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||3,835.51|
Microsoft blew away Q2 2021 expectations on the strength of its cloud and personal computing businesses.
Large swaths of the internet were down on Tuesday afternoon, as outages hit everything from Google's Gmail to Slack.
IBM's results weren't surprising, since it's repeatedly struggled to offset the slow growth of its legacy IT services, on-site software, and hardware businesses with its newer cloud-based businesses. Its stock lost about a quarter of its value and reinvested dividends only gave investors a total return of 3% -- compared to a total return of nearly 270% for the S&P 500 over the same timeframe. IBM certainly looks cheap at 10 times forward earnings with a hefty forward dividend yield of 5.5% -- but is it a value stock, or a value trap?