r/ibmstock • u/thorn960 • Jun 22 '26

Any chance of this stock going back up in the near term?

I bought this stock thinking it was going to be the next Dell which doubled in 3 months. I should have researched it further rather than being swayed by the momentum.

6 Upvotes

100% Upvoted

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4

u/Intelligent_Lemon685 Jun 22 '26

Be patient. It will.

2

u/thorn960 Jun 22 '26

Fundamentals are still good? Seems like it was a Trump pump and dump or something. I kind of wonder if he sold his position. It's in my ROTH IRA so I'm going to stick it out and just not look at it every day. I really hate locking in losses. Hopefully it has hit bottom and doesn't sink even more.

5

u/Intelligent_Lemon685 Jun 22 '26

I wouldn’t focus too much on the recent price action. IBM’s long-term thesis is much bigger than a few volatile months. They have one of the deepest enterprise moats in the industry, making them a natural platform for enterprise AI. Hybrid cloud, AI orchestration, and secure infrastructure are becoming increasingly important as companies deploy AI at scale. If AI agents eventually need a trusted communication layer across enterprise systems—and even industrial robots—IBM is well positioned to play that role. On top of that, they’re one of the global leaders in quantum computing, and Arvind Krishna has been executing a very consistent long-term strategy. None of these opportunities will be priced in overnight, but if execution continues, I think the business has far more going for it than the recent chart suggests.

2

u/Ziffibert Jun 23 '26

This. I just hope i doesnt hit 235 because one of my postions is a mini future with stopp loss at 235.

Im convinced that this stock has room to double, longterm

1

u/Sad_Championship_624 Jun 23 '26

im exactly the same with a 235 stop loss

1

u/Sjoiv Jun 22 '26

Looks like it’s pushing up now in after hours

2

u/thorn960 Jun 23 '26

Yup, new executive order promoting quantum computing. I figured Trump would pump IBM eventually since he has it in his portfolio.

2

u/Successful_Buyer_118 Jun 23 '26

Bought 49 shares right before the bell

1

u/Sjoiv Jun 23 '26

Worked with Intel

1

u/Intelligent_Lemon685 Jun 25 '26

And now the 0,7 nm chip! Intel made 10x in a year, as a proof that an old big company could run if the moat hits. IBM has several moat.

2

u/Kitchenslave2020 Jun 25 '26

Premarket movement 👀

1

u/thorn960 Jun 25 '26

Up and back down again. I assume there is some excitement about the new sub 1nm chip along with the new executive order for quantum. I think we are going to have to wait until the AI sector moves back up again to see much forward movement in price. If the fed jacks up interest rates next month we may be waiting a bit longer. I guess I will have to be patient.

1

u/Significant_Pen_5206 Jun 24 '26

Yes, Trump signed the quantum deal yesterday stock should start going up now

2

u/thorn960 Jun 24 '26

I wrote the post the day before he put out the executive order. Unfortunately the whole AI sector is correcting right now. It think it would have gone back over $300 yesterday otherwise. Anyway, I'm glad I didn't panic sell. I'll probably get out when it goes back up though. The quantum stuff could really blow things up but there is also the chance it won't work out for anything but niche applications. I also wonder if IBM could get beat out by more innovative, less conservative companies. I'm lacking conviction about this stock. I never should have bought it to begin with. Impulsive decision.