Insiders Are Finally Warming Up to IBM Stock. Should You Jump In and Buy Shares Too?

International Business Machines (IBM) has lost some of its sheen in recent years due to the emergence of revolutionary technologies such as artificial intelligence (AI), robotics and quantum computing, among others, in which IBM has been perceived to have fallen behind.

That said, the deep selloff roiling the markets has not spilt over into the IBM stock. In fact, while market darlings like Nvidia (NVDA), Amazon (AMZN), Microsoft (MSFT) and Alphabet (GOOGL) have corrected sharply this year, IBM’s shares have outperformed and are up nearly 14% in the year to date.