Bitcoin Gained 164% in 2023 but Crypto Millionaire Abandoned It for This

A certain crypto genius and millionaire has been praising Bitcoin since it was trading for $61. Even though it gained 164% last year, he's now recommending a different cryptocurrency. In fact, he's betting his own money on and buying it like crazy.

The Sleeper Crypto of 2024?

International Business Machines Corporation
NYSE:IBM
$168.5

Financials

Curr Year EPS Estimate11.02
Next Quarter EPS Estimate1.65
Profit Margin0.08
Return on Assets0.03
Return on Equity0.26
Revenue73,620,996,096
Earnings Per Share6.23
Revenue Per Share82.69
Gross Profit35,575,000,000
Quarterly Revenue Growth-0.07

General

NameInternational Business Machines Corporation
TickerIBM
ExchangeNYSE
SectorTechnology
IndustryInformation Technology Services
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees345,900

About International Business Machines Corporation

International Business Machines Corporation provides integrated solutions and services worldwide. Its Cloud & Cognitive Software segment offers software for vertical and domain-specific solutions in health, financial services, supply chain, and asset management, weather, and security software and services application areas; and customer information control system and storage, and analytics and integration software solutions to support client mission critical on-premise workloads in banking, airline, and retail industries. It also offers middleware and data platform software, including Red Hat that enables the operation of clients' hybrid multi-cloud environments; and Cloud Paks, WebSphere distributed, and analytics platform software, such as DB2 distributed, information integration, and enterprise content management, as well as IoT, Blockchain and AI/Watson platforms. The company's Global Business Services segment offers business consulting services; system integration, application management, maintenance, and support services for packaged software; and finance, procurement, talent and engagement, and industry-specific business process outsourcing services. Its Global Technology Services segment provides IT infrastructure and platform services; and project, managed, outsourcing, and cloud-delivered services for enterprise IT infrastructure environments; and IT infrastructure support services. The company's Systems segment offers servers for businesses, cloud service providers, and scientific computing organizations; data storage products and solutions; and z/OS, an enterprise operating system, as well as Linux. Its Global Financing segment provides lease, installment payment, loan financing, short-term working capital financing, and remanufacturing and remarketing services. The company was formerly known as Computing-Tabulating-Recording Co. The company was incorporated in 1911 and is headquartered in Armonk, New York.

Dividend

International Business Machines Corporation pays out a dividend of $6.51 per share, with a dividend yield of 3.55%.

IBM's last dividend payment was made to shareholders on March 10, 2021.

They pay out 75.20% of their earnings out as a dividend.

Recent Dividends

Mar 9, 2024$1.66
Dec 9, 2023$1.66
Sep 9, 2023$1.66
Jun 10, 2023$1.66
Mar 10, 2023$1.65
Dec 10, 2022$1.65
Sep 10, 2022$1.65
Jun 10, 2022$1.65
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