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Is It Too Late to Buy IBM Stock?
IBMIBM(IBM) The Motley Fool·2024-01-19 21:33

Plenty of tech stocks saw their prices rise in 2023 thanks to the popularity of artificial intelligence (AI). One of the beneficiaries of Wall Street's AI infatuation is International Business Machines (IBM 2.78%). IBM's stock hit a 52-week low of 120.55lastMayandsteadilyrosetoahighof120.55 last May and steadily rose to a high of 166.34 in December. At the start of 2024, IBM share prices remain near their 52-week high.Is it too late to buy IBM stock now? Have investors already missed out on the gains? A closer look at the company and its sto ...