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IBM Reports Oct. 21. Should You Buy the Stock 29% Below Its June Record?

IBM Reports Oct. 21. Should You Buy the Stock 29% Below Its June Record?

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This hurt transaction processing, the software linked mainly to IBM's mainframes, which slid 8%.

At around $234, it trades at about 18 times IBM's expected 2027 earnings.

Since 1979, Fisher Investments has helped tens of thousands of investors retire comfortably.

The hardest hit was on July 14, when IBM said second-quarter revenue had come in below its own expectations.

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