Company Of The Day: IBM
What?
IBM (NYSE:IBM) signed a collaboration agreement with Amazon Web Services to offer a broad array of its software tools as software-as-a-service on the AWS platform. Key offerings will include automation, data and artificial intelligence, and security tools.
So What?
While IBM’s public cloud computing business has trailed AWS, IBM’s software business stands to benefit from the partnership.
See Our Complete Analysis For IBM
What if you’re looking for a more balanced portfolio instead? Our high-quality portfolio and multi-strategy portfolio have beaten the market consistently since the end of 2016.
Returns | May 2022 MTD [1] |
2022 YTD [1] |
2017-22 Total [2] |
IBM Return | 1% | -1% | -20% |
S&P 500 Return | -5% | -18% | 76% |
Trefis Multi-Strategy Portfolio | -8% | -23% | 202% |
[1] Month-to-date and year-to-date as of 5/13/2022
[2] Cumulative total returns since the end of 2016
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