IBM Corp. (NYSE: IBM) has disappointed shareholders for almost six years, but thanks to blockchain technology, the best days for Big Blue are just ahead...
The worldwide blockchain technology market is expected to skyrocket in value 995%, from $210 million in 2016 to $2.3 billion by 2021.
And IBM is becoming a leader in the advanced tech.
But we understand why some tech investors are still skeptical of buying IBM stock...
Before 2018, IBM posted 22 consecutive losing quarters, and the IBM stock price fell 30.96% in the past five years. In comparison, you would have made a 58.02% profit just by owning an index fund that tracked the performance of the Dow Jones Industrial Average during that time.
But the company has reached a turning point...
"IBM's hardware is low margin, and its software doesn't do much better. That's why I've never suggested owning IBM. It was a non-starter. A losing bet. Until now," Money Morning Defense and Tech Specialist Michael Robinson said on April 10.
Michael's been a giant in tech investing for more than 30 years. As a leading analyst and tech journalist, he's been on the forefront of just about every major emerging technology story of the last decade.
He's even been nominated for a Pulitzer Prize.
His privileged access to technology-pioneering CEOs... prize-winning scientists... and high-profile industry insiders has allowed him to consistently give investors huge gains on remarkable breakthroughs, like 3D printing, the mobile wave, and shale energy technologies, well before anyone else.
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Now, he's really excited about IBM's involvement with blockchain and cryptocurrencies.
And what Robinson saw at a conference near his home in the Bay Area convinced him that IBM has transformed from a "dog" into a ground-floor opportunity...
Why IBM Shareholders Should Be Ready for a Double-Digit Return
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Jesse Lund, vice president of blockchain and cryptocurrencies at IBM, told Robinson that his company is working with Jed McCaleb on a blockchain solution that would create an Internet-level platform for global payments.
McCaleb is now working on Stellar, an open-source protocol for exchanging money.
And it could completely disrupt the global banking system...
Right now, global remittance payments cost an average of 7.13% of the amount of money sent, according to the World Bank. It can also be days or weeks before the money is received.
However, it only takes five seconds to complete a Stellar transaction and costs less than a penny, according to AbitGreedy.com.
"That's a big deal, with the potential to be a major disruptor," Robinson said.
Lund told Robinson that a project like Stellar becomes even more compelling when both the data that's stored on the blockchain and the value of the data that's stored in the Lumens can live together on a network.
"Instead of dealing with dozens of currencies and middlemen, IBM's blockchain solutions could remove all that, saving its clients time and money and reducing human error," Robinson said.
Today, those who follow Robinson's advice about IBM stock have the potential to make a 39% profit in the next year.
And with the Dow down 1.65% so far in 2018, you can't afford to ignore a double-digit return like this.
According to FactSet, one analyst projected the IBM stock price will climb to $198 in the next 12 months. From today's price of $141.90, that's a potential gain of 39.53%.
On top of gains from the stock price climbing, IBM pays a very generous dividend of $6, a yield of 3.83%.
"First-movers like IBM and Stellar have an overwhelming advantage here, and buying IBM at these levels right now is going to look like a very smart move when its blockchain solutions begin to impact the market," Robinson said.
The Shocking Reason Why We Think Bitcoin Could Hit $100,000 (and How You Could Make Millions)
Cryptocurrency legend Michael Robinson just revealed the little-known details regarding the future of Bitcoin... and why, at any moment, it could be poised for a record-breaking rebound far beyond anything we've witnessed already.
Michael made a prediction about Bitcoin way back in 2013 - and folks who followed his advice stood to become 253 times richer.
We'd venture to say not one in 10,000 people is aware of the massive profit potential unfolding right now.
Before the mainstream public gets any wiser, you need to see this now.