Dear Reader,
International Business Machines Corporation, IBM, is valued at 129.27 billion USD currently by pubic markets.
I estimate the real intrinsic value of IBM is 200 billion USD.
IBM has recently focused on cloud computing and artificial intelligence. Yes, IBM's revenue for four of the last five quarters declined year on year by 3 % on average. In Q1 2021, however, IBM's revenue grew with 0.9% for the first time in a long time.
Yes, IBM's restructuring was a long and painful process, but cloud computing and artificial intelligence are the future of the computing business and the world essentially.
IBM has all the people and technology resources to transform itself into a leader in cloud computing and artificial intelligence.
That is why I think IBM is worth 200 billion USD or approximately 55% above its current market capitalization.
Disclaimer: The blogposts and comments on this blog and posts on social networks(Twitter, LinkedIn, Facebook etc.) are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is".
Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blogposts on this blog and posts on social networks.
Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blogpost and posts on social networks(Twitter, LinkedIn etc.)!
Respectfully yours,
Petar Posledovich
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