3 Stocks to Buy: Chasing 12 Month Highs

IBM

Traders that are tired of speculation at times go with strong preformers and buy up stocks closing in on 52-week highs.  Three coveted stocks that fit that description are Apple Inc (AAPL), IBM (IBM), and U.S. Bank Corp (USB).

IBM Shares Higher as Watson Wins

IBM

Shares of International Business Machines Corp. (NYSE:IBM) are up only slightly as news of the company’s super computer, Watson, ousted two Jeopardy champions in head-to-head competition. 

IBM Shares to 175?

IBM

Reaching a new record, shares of International Business Machines Corp. (NYSE:IBM) have been projected to go even higher…  Approaching as high as $175 a share by end of 2011.

Stock Market News for Verizon, Motorola and IBM

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To continue to stay ahead of rising demand for wireless voice, 3G multimedia and Internet access in New Haven County, Connecticut, Verizon Wireless has expanded its local network.

Market News Update: Apple (NASDAQ:AAPL), IBM (NYSE:IBM), Coke (NYSE:KO), Boeing (NYSE:BA)

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Apple Inc.'s (NASDAQ:AAPL)  CEO Steve Jobs is responding to growing complaints about the latest iPhone by declaring, "We're not perfect." 

Market News: Goldman Sachs, IBM and Toyota (NYSE:GS),(NYSE:IBM),(NYSE:TM)

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Goldman Sachs Group Inc.'s bonds came under pressure on Monday, pushing yields up, as overseas investors reacted to the Securities and Exchange Commission's allegation on Friday that the firm committed fraud.

Earnings Momentum Stocks (NASDAQ:AAPL),(NYSE:IBM),(NASDAQ:AMZN)

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Earnings momentum occurs when a company continues to show accelerating earnings growth over time.  This is often a long-term sign that a company's future is bright due to the increased demand for their goods and services.

IBM Beats the Street

IBM

International Business Machines Corp. (NYSE:IBM) reported $4.8 million in net income, or $3.59 a share, for the fourth quarter, up 9 percent from $4.4 billion, or $3.27 a share during the same period last year.  IBM shares are down 1.1% after-hours at $132.50.

IBM Spending for its Shareholders

IBM

IBM (NYSE:IBM) is one of the few companies that is putting its money to use for existing shareholders.  Today the high tech giant authorized $5 billion more for stock buybacks, to be added to $4.2 billion previously authorized. IBM has returned $70 billion to shareholders in six years.

Top 10 Tech Earnings on Deck (GOOG, INTC, NOK, IBM)

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