IBM (Blue Chips)

The cost of IBM is around $200 dollars a share.  This is very close to its 52 week high which $201.90.  Its 52 week low is $151.  IBM is going up currently so its is good for the economic climate but news stories suggest that is will be going down because IBM is behind in cloud technology.  They are not going moving forward with their technology as fast as other companies are and because of this it seems that the stock will go down soon.  Due to the fact that they are behind the game and are not advancing as fast as other companies i would not invest in IBM until they catch up to the rest of the competition.

-Alex Nuciforo