International Business Machines (IBM) could be set for a significant rebound if cloud revenue continues to increase. However, blockchain is likely to become a highly competitive space, and IBM's dominance of this technology will be limited.
Therefore, I wouldn't sell IBM as there could still be some growth ahead. However, I wouldn't buy it either. There is nothing to suggest that IBM has significantly more growth potential than its peers.
The sentiment on International Business Machines (IBM) has not been positive up till lately.
My previous article, "Never Mind The Cloud, Here Is What Should Excite Investors", discussed how IBM is favourable from a risk-reward perspective due to a lower valuation, and how blockchain is a technology that could end up significantly transforming IBM's business.