IBM Monday crushed its fourth quarter numbers by 20 cents and beat by more than a billion on the top line. Is it a fluke or a sign the global growth story remains on track?
This is very good news says CNBC Silicon Valley Bureau Chief Jim Goldman on "Closing Bell.". As far as I’m concerned, IBM validated the belief that the rest of the world will bail out domestic weakness.
Why is this such a surprise Pete Najarian chimes in. Names such as IBM have been doing very well globally.
What's the trade?
I love the reaction out of the networkers, Najarian adds, and of all the companies in the space I’m watching Juniper . Now, don’t chase this stock, he counsels, but on any pull back I think it's a buy. This stock should have a lot of upside.