$IBM(IBM)$ IBM posted $17 billion in quarterly sales with billions in free cash flow. Its operating margin is around 20%, and the balance sheet has an A rating from the three major credit agencies. The company also has a strong position in quantum computing, which looks like the market's next big thing, and is on track to deliver the world's first large-scale, fault-tolerant quantum computer.
Warren Buffett once noted that stocks sometimes sell at silly prices. It doesn't take a high IQ to see when they're cheap, but it does take the right temperament to actually step up and act on it.
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