【Week 6 – IBM Position Health Check】

I originally only started a small IBM position recently because I viewed it as a relatively defensive tech name with stable cash flow and dividend support. But right after I began building the position, the major government investment/chip news came out and the stock moved much faster than expected, so I ended up chasing a bit on the way up.

Now the situation feels tricky. The market narrative around IBM is clearly changing, especially with renewed attention on chips, AI infrastructure and quantum computing. At the same time, the stock already reacted strongly in a short period of time.

Going forward I’m watching whether to take some partial profits if momentum gets too extended, or continue adding if the story keeps strengthening.

@Bridge Buzz SG