The Motley Fool Take
Looking for a stock with plenty of growth potential and a fat dividend? Consider International Business Machines, with a dividend recently yielding over 4.5%.
IBM’s legacy business lines have struggled for years, and that’s been keeping the stock depressed. But it’s spinning off its managed infrastructure business by the end of this year. This will leave the new entity more focused on what it describes as “the $1 trillion hybrid cloud opportunity.”
While IBM offers a public cloud platform similar to market leaders Amazon Web Services and Microsoft Azure, it’s focusing instead on hybrid cloud computing. IBM is…