Is Big Blue's Run Over?
In this video from Wednesday's edition of Investor Beat, host Chris Hill and Motley Fool analysts Matt Koppenheffer and Mike Olsen dig into the biggest investing stories from the market today.
The Dow index was singlehandedly dragged down by one stock today, as IBM reported fourth-quarter earnings. Despite growing profits by 6%, overall revenue fell by more than 5%, which sent the stock tumbling. In the lead story from today's Investor Beat, Matt and Mike discuss just how bad this quarter was for Big Blue, and whether investors should be optimistic about the company's turnaround plan.
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The article Is Big Blue's Run Over? originally appeared on Fool.com.Chris Hill and Matt Koppenheffer have no position in any stocks mentioned. Michael Olsen, CFA, owns shares of Microsoft. The Motley Fool owns shares of IBM and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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