I'm holding IBM for three reasons.
- I think it's a good hedge against inflation and the dollars since it is a globally diverse company.
- I am trying to hold larger cap stocks because of the turbulance in the marketplace and the fact that most large caps have not risen with the market over the past 5 or so years.
- I work there and like the way the company operates. I arrived there in a buy out of the company I worked for and expected it to be a really bad experience, but overall it has been completely positive and so I'm a believer.
Looks like the price hit $119.33 the last time I looked.
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