IBM Set Records, Delivered 44% Gains in a Single Month as Trump Clip Resurfaces

Quick Read

• IBM surged 44% in a month to record highs near $330, fueled by a viral Trump clip calling CEO Arvind Krishna a “legend.”

• The U.S. Commerce Department’s $2 billion quantum computing support package, which includes IBM, signals serious government momentum behind the sector.

• At 27x trailing P/E, IBM still looks fairly valued for a legacy tech firm reinventing itself at the forefront of AI and quantum computing.

• Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and IBM didn’t make the cut. Grab the names FREE today.

It didn’t take long for shares of International Business Machines (NYSE:IBM) to return to their winning ways. With a video clip from President Trump referring to CEO Arvind Krishna as a “legend” resurfacing online in viral fashion, questions linger as to what’s up with the sudden awakening of a name that was seemingly left behind despite its AI and quantum ambitions.

Of course, it’s quite rare that old news…