Wednesday, April 16, 2008

IBM looks to continue streak with earnings report

Market watch article on IBM.

I'm holding IBM for three reasons.

  1. I think it's a good hedge against inflation and the dollars since it is a globally diverse company.
  2. 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.
  3. 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.

No comments: