Think IBM Stock Is Expensive? This Chart Might Change Your Mind.

IBM's Stock Price Has Been on a Roller Coaster in Recent Years

IBM's stock price has been on a roller coaster in recent years, hitting a high of over $215 in 2013 and a low of under $120 in 2017. The stock has since recovered somewhat, but it is still trading well below its all-time high.

There are several factors that have contributed to IBM's stock price volatility.

• The company's revenue has been declining in recent years as it has struggled to keep pace with the changing technology landscape.
• IBM has also been facing increased competition from other tech giants, such as Amazon, Google, and Microsoft.

Despite these challenges, IBM remains a major player in the technology industry. The company has a strong financial foundation, a large customer base, and a portfolio of valuable assets.

IBM's Stock Is Still a Good Value

Despite its recent struggles, IBM's stock is still a good value. The company is trading at a discount to its peers, and it has a strong dividend yield.

Moreover, IBM is investing heavily in new technologies, such as artificial intelligence and cloud computing. These investments are expected to pay off in the long run, and they could help IBM to regain its position as a leader in the tech industry.

Conclusion

IBM's stock price has been on a roller coaster in recent years, but the company remains a strong investment. The company is trading at a discount to its peers, it has a strong dividend yield, and it is investing heavily in new technologies. IBM's stock is still a good value, and it could be a good addition to any portfolio.