IBM: I Disagree With Wall Street

BobHemphill Thesis There is a divergence of opinion on International Business Machines Corporation (NYSE:IBM) between Wall Street and Main Street. As seen in the chart below, Seeking Alpha analysts (which approximates Main Street's view in my mind) are more bullish on IBM stock than Wall Street analysts. Seeking Alpha analysts have an overall BUY rating (3.91) while Wall Street analysts' overall rating is a HOLD (3.25). In the remainder of this article, I will explain why I disagree with Wall Street and rat ...