IBM shares are the most stretched in 20 years so it may be time to sell, says Carter Worth

IBM shares are the most stretched in 20 years so it may be time to sell, says Carter Worth

International Business Machines (IBM) … too much of a good thing. IBM is up twice as much as the market the past 12 months (and, per chance, twice as much as the S & P 500 Technology Sector and the NASDAQ 100 Index). The stock is trading in an… Article Source https://www.cnbc.com/2024/10/11/ibm-shares-are-the-most-stretched-in-20-years-so-it-may-be-time-to-sell-says-carter-worth.html