
IBM is catching up after years of lagging far behind Microsoft and Apple on Wall Street. Over the last six months, Big Blue's shares have gained 24.65%, compared to 16.65% for Microsoft and 0.89% for Apple.
The tech giant's comeback on Wall Street may be for real this time around, as its management is beginning to get its business and investment strategy right. It allocates other people's capital into growing businesses that deliver superior market returns.