2024-01-24 12:01:00 ET
Summary
- IBM has been shrinking for years and got even smaller with the Kyndryl spinoff.
- Intel stock has had a remarkable run-off its Feb ’23 lows near $25 and has almost doubled in price in 12 months.
- Growth continues to work over value, but Intel and IBM look to turning themselves around after brutal periods of underperformance.
IBM ( IBM ) last made a new all-time high over 10 years ago, around $213-215 in April 2013. Intel’s ( INTC ) last all-time high was September 2000, when it hit $75.81 per share....
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Old Tech Earnings Preview: IBM And Intel Report Wednesday And Thursday