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The Not So Peculiar Case of A Diamond in The Rough

IBM stock was hit severely?in recent month, mostly due to the disappointment from the latest earnings report. It wasn’t a real disappointment, but IBM had a buildup of expectations from their ongoing turnaround, and the recent earnings announcement has poured cold water on the growing enthusiasm. This post is about IBM’s story but carries a moral which applies to many other companies going through disruption in their industry. IBM is an enormous business with many…

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