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Rob Isbitts

IBM, Honeywell, and Cisco Stocks Remind Us That If You’re Not Invested in AI, You’re Losing in Today’s Market

HON IBM Cisco Honeywell CSCO Rob Isbitts International Business Machines QQQ Stock Market

The recent earnings reports from three pillars of the legacy tech world – International Business Machines (IBM), Honeywell (HON), and Cisco (CSCO) – offer a masterclass in the fragmented reality of the 2026 stock market. 

While the headline indices continue to be buoyed by the concentrated power of the Magnificent 7, the performance of these veteran players exposes the “winner-take-all” friction that defines the other 450-plus stocks in the S&P 500 Index ($SPX).

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