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Aditya Sarawgi

Is International Business Machines Stock Outperforming the S&P 500?

International Business Machines IBM

Armonk, New York-based International Business Machines Corporation (IBM) operates as an IT solutions company, providing integrated solutions and services worldwide. Valued at $240.8 billion by market cap, IBM operates Consulting, Software, Infrastructure, and Financing segments.

Companies worth $200 billion or more are generally described as “mega-cap stocks”, and International Business Machines fits this criterion perfectly. IBM is a technology company that engages in addressing the hybrid cloud and artificial intelligence (AI) opportunity with a platform-centric approach.

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