Is IBM Stock A Real Bargain?
Yahoo Finance
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International Business Machines (IBM) stock trades at 19. 9 times the past year's earnings. The median S&P 500 company trades at 22. 1 times. The shares lost 14. 4% over the last twelve months, while the S&P 500 returned 17. 1%.
Is IBM a good business on sale, or a fair price for one whose growth has stalled? The answer starts with what the price buys you today.
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Original source: Yahoo Finance