Friday, December 30, 2011

IBM's (IBM) Future Looks Bright

As measured by sentiment from brokerages, analysts, and leading mutual funds, International Business Machines (NYSE: IBM) is among the favorites in looking ahead to 2012.

IBM garnered a lot of attention this year when it was discovered Warren Buffett's Berkshire Hathaway (BRK-B) had been acquiring shares in the company throughout 2011.

Buffett's realization IBM was now a service company with a big moat and growth potential, put the tech giant on everyone's radar again, although many investors have stayed with IBM through the years.

IBM was trading at $185.56, down $0.62, or 0.33 percent, as of 10:34 AM EST.

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