IBM Stock Slides Despite Q1 Earnings Beat: Time to Buy Its ETFs?
International Business Machines (IBM) reported better-than-expected first-quarter 2025 results, beating estimates on both earnings and revenues, driven by the strength of its AI business. It also offered an upbeat sales outlook for the ongoing quarter. However, the stock declined 7% in after-market hours due to federal contract cuts, making IBM shares an excellent buy.Investors can now consider ETFs with the highest allocation to this tech giant. These funds are First Trust NASDAQ Technology Dividend Index ...