IBM Stock Forecast: IBM Reaching For the Clouds 

I Know First Research Team LogoThis article was written by the I Know First Research Team.

Summary:

  • Hybrid multi-cloud market will be worth US $1 trillion by 2020 which is a massive growth opportunity for IBM
  • $34 million acquisition of Red Hat giving IBM stock a huge competitive advantage
  • IBM stock rose by 17% in 2019
  • Five of the world's six largest shipping carriers joined TradeLens platform created by IBM's blockchain services
  • Current bullish long term forecast for IBM

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