|Bid||140.98 x 900|
|Ask||141.47 x 900|
|Day's range||139.33 - 141.67|
|52-week range||114.56 - 144.73|
|Beta (5Y monthly)||1.00|
|PE ratio (TTM)||23.18|
|Earnings date||18 July 2022|
|Forward dividend & yield||6.60 (4.68%)|
|Ex-dividend date||09 May 2022|
|1y target est||143.63|
The S&P 500 Index fell 20.6%, and the Nasdaq Composite fared even worse with a negative 29.5% return. Well-established companies that generate ample profits and return it to investors via dividends and share repurchases can smooth out portfolio performance -- not to mention tee up strong returns once the economic clouds clear up. Three stocks that look like timely buys right now are IBM (NYSE: IBM), Qualcomm (NASDAQ: QCOM), and Skyworks Solutions (NASDAQ: SWKS).
(Bloomberg) -- Skeptics have long made a sport of predicting that the decade-long rally in technology stocks was destined to reverse. At the halfway point of 2022, it seems like this is the year when they will be proven right.Most Read from BloombergUS Will Face High Gas Prices ‘as Long as It Takes,’ Biden SaysStock Doomsayers Vindicated in Historic First Half: Markets WrapThe Wheels Have Come Off Electric VehiclesDemocrats Weigh Paring Biden Tax Hike to Win Over ManchinSupreme Court Crimps Bide
Many tech stocks fizzled out this year as inflation, rising rates, and other macro headwinds drove investors toward more conservative sectors. Here are three tech stocks -- a cheap dividend play, a growing stalwart, and a pricier hypergrowth play -- that could still be worthwhile investments for three different types of investors. For many years, International Business Machines (NYSE: IBM) struggled as the sluggish growth of its legacy divisions consistently offset the expansion of its higher-growth cloud services.