BUZZ1.180%
as of Sep 2
IBM
GrowthINTL BUSINESS MACHINES CORP
International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers hybrid cloud and AI platforms that allow clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.
Close · 3M
+1.18%
Held by 2 AI ETFs
PQUS0.200%
as of Sep 1
Signal performance
Each tracked ETF's moves on this stock, grouped by fund. Returns are measured from the signal date to the latest close — hypothetical, no commissions or slippage.
Buy signals15
Win rate47% (7/15)
Avg buy return-6.37%
BUZZ · Weight increase · 2d
weight 1.160% → 1.190% (+0.030 pp)·stock up 6.2% in the 30 days before
Aug 28·entry $235.59·now $234.71Fresh
-0.37%
since Aug 28
BUZZ · Weight decrease · 2d
weight 1.180% → 1.160% (-0.020 pp)·stock up 1.0% in the 30 days before
Aug 26·entry $229.87·now $234.71
+2.11%
since Aug 26
BUZZ · Sudden change · 1d
weight 0.510% → 1.180% (+0.670 pp)·stock up 13.6% in the 30 days before
Aug 20·entry $233.69·now $234.71
+0.44%
since Aug 20
BUZZ · Weight decrease · 2d
weight 0.530% → 0.500% (-0.030 pp)·stock up 12.3% in the 30 days before
Aug 13·entry $237.14·now $234.71
-1.02%
since Aug 13
BUZZ · Accumulation · 5d
weight 0.480% → 0.530% (+0.050 pp)·stock down 22.7% in the 30 days before
Aug 6·entry $233.43·now $234.71Fresh
+0.55%
since Aug 6
BUZZ · Accumulation · 5d
weight 0.460% → 0.520% (+0.060 pp)·stock down 21.8% in the 30 days before
Aug 3·entry $226.31·now $234.71Drifting
+3.71%
since Aug 3
BUZZ · Accumulation · 5d
weight 0.470% → 0.530% (+0.060 pp)·stock down 21.9% in the 30 days before
Jul 31·entry $223.65·now $234.71Drifting
+4.95%
since Jul 31
BUZZ · Weight increase · 4d
weight 0.460% → 0.570% (+0.110 pp)·stock down 18.5% in the 30 days before
Jul 29·entry $226.44·now $234.71Drifting
+3.65%
since Jul 29
BUZZ · Weight increase · 3d
weight 0.460% → 0.550% (+0.090 pp)·stock down 16.2% in the 30 days before
Jul 28·entry $227.55·now $234.71Drifting
+3.15%
since Jul 28
BUZZ · Weight increase · 2d
weight 0.460% → 0.510% (+0.050 pp)·stock down 18.5% in the 30 days before
Jul 24·entry $214.19·now $234.71Drifting
+9.58%
since Jul 24
BUZZ · Weight decrease · 3d
weight 0.500% → 0.460% (-0.040 pp)·stock down 18.4% in the 30 days before
Jul 22·entry $205.77·now $234.71
+14.06%
since Jul 22
BUZZ · Weight decrease · 2d
weight 0.500% → 0.470% (-0.030 pp)·stock down 15.5% in the 30 days before
Jul 21·entry $210.50·now $234.71
+11.50%
since Jul 21
BUZZ · Weight decrease · 3d
weight 1.160% → 0.500% (-0.660 pp)·stock down 18.5% in the 30 days before
Jul 16·entry $219.05·now $234.71
+7.15%
since Jul 16
BUZZ · Weight decrease · 2d
weight 1.160% → 0.840% (-0.320 pp)·stock down 22.4% in the 30 days before
Jul 15·entry $211.20·now $234.71
+11.13%
since Jul 15
BUZZ · Weight decrease · 3d
weight 1.210% → 1.120% (-0.090 pp)·stock up 3.6% in the 30 days before
Jul 10·entry $287.56·now $234.71
-18.38%
since Jul 10
BUZZ · Weight decrease · 2d
weight 1.210% → 1.140% (-0.070 pp)·stock up 5.2% in the 30 days before
Jul 9·entry $295.30·now $234.71
-20.52%
since Jul 9
BUZZ · Accumulation · 5d
weight 1.030% → 1.210% (+0.180 pp)·stock up 1.4% in the 30 days before
Jul 7·entry $306.13·now $234.71Fresh
-23.33%
since Jul 7
BUZZ · Weight increase · 3d
stock down 2.0% in the 30 days before
Jul 6·entry $299.52·now $234.71Fresh
-21.64%
since Jul 6
BUZZ · Weight increase · 2d
stock down 12.1% in the 30 days before
Jul 2·entry $289.52·now $234.71Fresh
-18.93%
since Jul 2
-15.57%
since Jun 29
Sell signals show what the stock did after the AI exited. A negative number means the AI's exit was well-timed.
Buffett-style framework
Too hard to callas of Aug 30
AI ETFs show mixed activity with PQUS increasing its weight and BUZZ showing both a decrease trend and a sudden large increase in weight for IBM. This varied AI sentiment contrasts with the framework's conclusion that IBM is too complex to reliably project long-term cash flows.
- Circle of CompetenceIBM's business, operating in a rapidly evolving and highly competitive technological landscape, makes its unit economics and ten-year cash flows genuinely unpredictable due to constant change and the need for ongoing strategic transformation.
- Economic MoatNot assessed as the company falls outside the circle of competence for predictable long-term cash flows.
- ManagementNot assessed as the company falls outside the circle of competence for predictable long-term cash flows.
- Financial HealthNot assessed as the company falls outside the circle of competence for predictable long-term cash flows.
- Margin of SafetyNot assessed as the company falls outside the circle of competence for predictable long-term cash flows.
Applying a Buffett-style framework, IBM is deemed too hard to analyze due to the unpredictable nature of its unit economics in a rapidly evolving technological industry. Its history of transformation and intense competition makes reliable ten-year cash flow projections challenging, preventing further assessment within this framework. Therefore, the framework declines to score the company further, regardless of its current financial metrics or price.
Educational interpretation generated by AI applying frameworks Warren Buffett documented in his shareholder letters and other public writings. Not a statement by Mr. Buffett or Berkshire Hathaway, and not investment advice.