Home>Topics>>IBM Offers Investors A Minimum Annualized Gross Return Of 10.7% Over The Next 5 Years
IBM Offers Investors A Minimum Annualized Gross Return Of 10.7% Over The Next 5 Years
Long Investing Ideas from Seeking Alpha
Wed, 20 Mar 2013
By Is It Worth It : Scope Of Article The purpose of this article is to calculate the returns one can reasonably expect by buying International Business Machines Corp ( IBM ) at the current price level of $213.44 . Our estimates suggest a return of 10.7% which assumes slight multiple contraction. We ...
The Legg Mason manager says this tech giant is like Poe's 'Purloined Letter': Hidden in plain sight. Plus, Miller on gaining a behavioral edge in investing.