Should You Buy IBM Stock Before 2022 Is Over?

By Parkev Tatevosian, CFA – Dec 12, 2022 at 9:05AM

NYSE: IBM

International Business Machines

Market Cap

$153B

Today's Change

(-1.05%) -$1.78

Current Price

$167.13

Price as of April 26, 2024, 4:00 p.m. ET

Admittedly, 2022 has been a forgettable year for investors. However, the fall in prices may have created some excellent bargains.

IBM (IBM -1.05%) was once a leading-edge technology company. Decades later, the company is trying to expand from its legacy products and services to meet the needs of today's largest enterprises. This video will let you know if it's an excellent time to buy IBM stock.

*Stock prices used were the afternoon prices of Dec. 9, 2022. The video was published on Dec. 11, 2022.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.