The following video is part of our "Motley Fool Conversations" series, in which Motley Fool senior technology analyst Eric Bleeker and chief technology officer Jeremy Phillips discuss emerging trends in technology.
In today's edition, Jeremy and Eric look at Warren Buffett's recent purchase of IBM and what other "Buffett-like" tech companies have gotten cheap across the sector. With companies from Apple to Intel trading for P/Es in the low teens to single digits, investors should be taking a look at some of the value in the sector.
Buffett's buying IBM for a simple reason: It's a well-managed company with a strong business trading at reasonable levels. One factor he might be overlooking is just how focused IBM is on a megatrend reshaping the IT industry. The Motley Fool details an emerging technology revolution in a new report called "The Only Stock You Need to Profit from the NEW Technology Revolution." The report highlights a company that has gained 228% since it was first recommended by Fool analysts and still has plenty of room left to run. Thousands have requested access to this special free report, and now you can access it today at no cost. To get instant access to the name of this company transforming the IT industry, click here -- it's free.
