Published on 10 May 2024 on Zacks via Yahoo Finance
IBM (IBM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Over the past month, shares of this technology and consulting company have returned -10.6%, compared to the Zacks S&P 500 composite's +0.2% change. During this period, the Zacks Computer - Integrated Systems industry, which IBM falls in, has lost 11.3%. The key question now is: What could be the stock's future direction?