IBM: Time to Take Some Profits with Big Blue?

Filed under: International Business Machines (IBM), Stocks to Buy

I first wrote about International Business Machines (IBM) in February 2009 at a price of $91.51, and the stock continues to power higher -- clearing psychological resistance at $150. Now may be a good time to consider taking some profits.

However, those investors who can tolerate the risk can maintain their full position to go for a bigger gain. IBM's shares will likely trade above $180 by the end of 2011. If Big Blue approaches $195 in 2011, that would be another good to time to consider taking some profits.

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IBM: Time to Take Some Profits with Big Blue? originally appeared on BloggingStocks on Sun, 30 Jan 2011 14:10:00 EST. Please see our terms for use of feeds.

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