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Top related persons:
Matthew Swanson - 1 Swanson - 1 — CNBC's Michael Bloom - 1
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Machines - 1 RBC Capital Markets - 1 IBM - 1

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2 mentions found


☆ RBC says this large tech stock is undervalued and can jump nearly 30%
  + stars: | 2023-09-20 | by ( Sarah Min | ) www.cnbc.com   time to read: +1 min
It's time to buy International Business Machines as it's undervalued, according to RBC Capital Markets. Analyst Matthew Swanson initiated coverage of IBM with an outperform rating, saying the value of the tech company's software business specifically is being overlooked by investors. He expects IBM can carve out its own niche in artificial intelligence as it has in hybrid cloud enablement. "We feel the company's software business is misunderstood, and undervalued, particularly its role in hybrid environments, AI and spend optimization," he added. IBM 1D mountain IBM shares 1-day IBM can support businesses in their A.I.
Persons: Matthew Swanson, Swanson, — CNBC's Michael Bloom Organizations: Machines, RBC Capital Markets, IBM
☆ RBC: Buy these 17 future AI winners as the technology begins to transform the world
  + stars: | 2023-03-26 | by ( Marley Jay | ) www.businessinsider.com   time to read: +3 min
RBC says that AI is one of the most transformative developments in tech in the last 20 years. The firm's tech analysts explained which stocks they think will benefit the most from generative AI. They added that in many cases, the "rising tide" of AI will benefit broad swaths of the market. But it's not just the established tech titans that can profit from the advent of AI technology. Those companies are below, along with their tickers and commentary about each provided by the RBC analysts.
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