IBM – Hot or Not

by CNBC Africa 0


IBM is the world’s largest technology services company. It is in transition, selling businesses such as low-end servers, cash registers, and semiconductors to focus on high-growth areas like security software, cloud services and data analytics. It has a market cap of $135 billion, a PE of 12.03 and a dividend yield of 4.14 per cent. Guest Jean Pierre Verster, Portfolio Manager at Fairtree Capital and resident expert Paul Theron from Vestact decide whether IBM is hot or not