Goldman Sachs: IBM and Globant offer a ‘compelling risk-reward’ opportunity

Goldman Sachs: IBM and Globant offer a ‘compelling risk-reward’ opportunity

Goldman Sachs has identified IT services giants IBM (NYSE: IBM) and Globant SA (NYSE: BALLOON) as having “compelling” risk-reward profiles as the fundamental outlook for the industry begins to improve. According to analyst James Schneider, the industry is currently experiencing a cyclical correction driven by IT spending constraints due to macroeconomic pressures across various sectors … Read more