IBM Is Ready To Rise Again

The logo of the software and computer services company IBM is displayed during the Viva Technology show at Parc des Expositions Porte de Versailles on May 25, 2018 in Paris, France. IBM missed a couple of high tech rallies in recent years. Big Blue's shares underperformed badly the technology sector. Over the last five years, IBM shares have lost 25.85% of their value as the Invesco QQQ Trust (QQQ) shares have gained 113.23%--see table 1. The company's business initiatives have failed to produce sufficient sales to offset the decline in sales in the old businesses. That has many investors writing off IBM, including legendary investor Warren Buffett.