IBM Stock's "Lost Decade" Is Finally Over

Written off just a few years ago, International Business Machines (IBM -0.55%) is enjoying a renaissance. Shares of the tech giant peaked in 2013, and it's taken until now for the stock to approach that all-time high. IBM has undergone some major changes over the past decade. The company has divested, spun off, or otherwise exited a wide range of businesses, including semiconductor manufacturing, commodity server systems, and managed infrastructure services. It's also made some big acquisitions, notably the ...