IBM Ranks Low in Analyst Favorites Despite Strong Year-to-Date Performance
The latest analysis from major brokerage firms reveals that International Business Machines (IBM) is ranked last among the 30 stocks in the Dow Jones Industrial Average, holding the #30 position. In the broader S&P 500, IBM falls significantly behind at #428 when stocks are ranked by analyst preferences.
Despite its low ranking among analysts, IBM has been performing well in stock price, with a year-to-date gain of 15.2%. This performance demonstrates that analysts’ opinions don’t always align with a company’s market success.
VIDEO: Dow Analyst Moves: IBM
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