What Have You Been Waiting For?
In my last two posts regarding IBM you could have bought, first between 117-118, and with the second at 119.25. IBM continues to head higher and has one more good buying opportunity coming probably late Tuesday or early Wednesday. If a pullback to the 50 day area around 122.50 or so presents itself, don’t let it slip by. You can see from the chart there is an unfilled gap above that takes the stock to 128 and above. After that it is going to get real explosive sometime in April and beyond. Five percent yield and rising price, where else do you get that?
Biden will take us to war with Iran. The deep state, the Biden state, was very anti-Trump because the deep state loves war. Trump was anti-war. General Dynamics(GD) and Raytheon(RTX) are better bets. I think. All are good however.
Of course IBM is involved in the war machine as well.
Don’t disagree about the Dems and the war state as you describe it. All may be participants but IBM is involved in so many aspects of so many industries it is going to benefit regardless. Also the others may pay dividends but not likely 5%+.