“Andrew Arons Sees MU Growth Opportunity, IBM Value Play in "Early" AI Days”
IBM has significant upside; trading 30% below 52-week high with $12.5B AI order book may lead to positive earnings surprise.
As you know, I mentioned today that there are two that look like winning deals to me, namely IBM and Home Depot.
It is clearly part of the AI trading here, but it is still well below its 52-week high. Yes, I have been watching and recommending IBM, and the stock has been very volatile because of what is happening in quantum computing, but they have a strong order book in artificial intelligence worth $12.5 billion.