ADP - IBM: Avoid This Poor-Total-Return And Low-Growth Company
International Business Machines (IBM), one of the largest computer software technology companies is a avoid for the total return investor. International Business Machines has low growth and has plenty of cash, which it uses to increase the dividend each year. With an earnings beat in the last quarter, IBM will be watched for better growth and is an avoid for The Good Business Portfolio, my IRA portfolio of good business companies that are balanced among all styles of investing.
When I scanned the five-year chart, International Business Machines has a poor chart, going