International Business Machines (IBM) Is A Top Stock In Billionaire Richard Chilton’s Filings

International Business Machines Corporation (NYSE:IBM) is one of the 10 Best Stocks to Buy According to Billionaire Richard Chilton.

Technology giant International Business Machines Corporation (NYSE:IBM) made a key announcement recently when it announced its 0.7-nanometer chip manufacturing technology. This technology is the most advanced chip manufacturing technology in the world. International Business Machines Corporation (NYSE:IBM) claims that it carries the potential to significantly grow AI GPU performance. In 0.7-nanometer, the firm bonds wafers to stack transistors on top of each other.

International Business Machines (IBM) Is A Top Stock In Billionaire Richard Chilton's Filings

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JPMorgan discussed International Business Machines Corporation (NYSE:IBM)’s shares on June 23rd. It raised the share price target to $291 from $270 and bumped the rating to Overweight to Neutral. The financial firm discussed the technology company’s software business and outlined that International Business Machines Corporation (NYSE:IBM) could see its software business grow in the future. On the same day, Morgan Stanley raised the share price target to $267 from $225 and kept an Equal Weight rating on the stock. The bank remarked that International Business Machines Corporation (NYSE:IBM) could benefit from hardware refresh cycles and growth in compute hardware requirements.

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