IBM Sees Potential in Post-Quantum Security Boom
IBM's technical credibility and enterprise footprint make it an attractive player in the shift to post-quantum security, which could lead to a multiyear opportunity for the company. The upside depends on IBM's ability to convert its expertise into recurring software, consulting, and infrastructure spending.
The article compares this situation to Nvidia in 2009, when a 'Double Down' signal flashed before it became clear that the company was about to take off. Now, a similar signal is flashing for another company, one that's significantly smaller than Nvidia but with potential for significant growth.
International Business Machines wasn't included on The Motley Fool Stock Advisor analyst team's list of top 10 stocks for investors to buy now. However, the team has produced impressive results in the past, including a 978% average return compared to 213% for the S&P 500 since 2004.