International Business Machines Corporation (IBM) Is a Trending Stock: Facts to Know Before Betting on It

IBM has been trending on Zacks.com's most searched stocks list. The stock declined 6.6% over the past month, underperforming the S&P 500's 2.4% gain. IBM is rated Zacks Rank #3 (Hold) with modest earnings growth expectations of 6.4% for the current fiscal year and 7% for the next year. Revenue growth is projected at 4.3% and 3.9% respectively. The company trades at par with peers with a C valuation grade, suggesting it may perform in line with the broader market in the near term.