IBM: A Leading AI Stock to Consider This July

When it comes to a powerhouse in artificial intelligence (AI), International Business Machines Corporation, or IBM, stands out as a formidable player. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and later named International Business Machines in 1924, this tech giant has established itself as a leader in the technology sector. Headquartered in Armonk, New York, and active in over 170 countries, IBM has a long and storied history of innovation, including the creation of key technologies such as the automated teller machine (ATM), the floppy disk, the hard disk drive, and the magnetic stripe card.

A Cultivator of AI Excellence

IBM has made significant strides in AI, building on its robust portfolio of computer hardware, middleware, and software. As a major research organization, IBM has the distinction of accumulating the most U.S. patents for 28 consecutive years—a testament to its ongoing commitment to technological advancement. The company's pedigree in AI is bolstered by established inventions like the relational database, SQL programming language, and dynamic random-access memory (DRAM).

Investor-Friendly Stock Prices

Currently, IBM stocks are trading at prices that are attractive to investors, presenting an opportunity to be part of a company with vast expertise in AI. IBM's dedication to innovation, reflected in their market-leading mainframes like the System/360, has remained steadfast through the years. This historical consistency, paired with the ability to pivot and adapt to modern technologies, makes IBM a compelling investment consideration for those looking to incorporate AI exposure into their portfolios.

investment, technology, AI