A study of analyst recommendations at the major brokerages shows that International Business Machines Corp (Symbol: IBM) is the #14 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. International Business Machines Corp also comes in above the median of analyst picks among the broader S&P 500 index components, claiming the #156 spot out of 500.
Below is a chart of rank over time:
IBM operates in the Information Technology Services sector, among companies like Palantir Technologies Inc (PLTR) which is off about 1.1% today, and Applovin Corp (APP) trading lower by about 2.3%. Below is a three month price history chart comparing the stock performance of IBM, versus PLTR and APP.
IBM is currently trading up about 1% midday Monday.
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