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IBM: Bellwether Stock That Flags Business Spending or Castrated Sheep?

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At around $97/share, International Business Machines is hardly good value. Take a look at this chart The time to have bought IBM was at recent lows between $75 and $80. On the other hand, IBM is frequently described as a “bellwether stock”. What are bellwether stocks anyway? The definition of “bellwether” is: 1.    bellwether – [...]

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