Big Blue the Company is doing just fine thank you, putting out enough service contracts to keep them busy, busy, busy until Armageddon probably. So why do its shares look so flaccid compared with AAPL? Maybe it’s the prosaic nature of the business they’re in, installing plumbing and software for a global Fortune 5000. AAPL investors, on the other hand, can still dream big dreams — the conquest of television, for one. IBM’s virtue is that it is less likely to stumble.
Which stock would you rather own for the long haul? There’s no correct answer. From a technical standpoint, IBM shares will be underperforming AAPL even if they surge to the 205.10 target of the pattern shown. Still, that would do no worse than leave the stock cruising comfortably at 37,000 feet. Not quite a sure thing, but better than any just about any other stock we could recommend for safety and the long haul.