International Business Machines Corporation

Section 1: Company Fundamentals

1.1 Company Overview and Performance summary

Company Overview:

International Business Machines Corporation (NYSE: IBM) is engaged in addressing the hybrid cloud and artificial intelligence (AI) opportunity with a platform-centric approach, focused on providing client value through a combination of technology and business expertise. Its segments include Software, Consulting, Infrastructure and Financing.

This Global AI and Emerging Market Report covers the Company Overview & Price performance, Summary table, Key positives & negatives, Key metrics, Company details, technical guidance & Stock recommendation, and Price chart.

Price Performance:

• IBM's share price has given a return of 11.12% in the past three months. Similarly, in the long term, the stock has given a return of over 39.33% of the past year.
• The stock is currently trading near to the higher end of its 52-week range of USD 37 and 52-week low price of USD 145.28, with the expectations of an upside movement from the current support levels of USD 190-USD 200.
• The price is currently between its short-term (50-day) SMA and long-term (200-day) SMA, with the current upward trending RSI of around 33.93, taking support from 30 level.

1.2 Summary Table

1.3 The Key Positives & Negatives

1.4 Key Metrics

IBM's financial performance, compared to the industry median, demonstrates strengths in several key areas, including a higher gross profit margin of 54.32% versus the median of 52.68%, and a superior EBITDA margin of 21.00% compared to 19.80%. Its operating margin stands slightly above the industry median at 12.53%, compared to 12.39%. However, IBM lags behind in free cash flow yield, reporting 5.78% versus the industry median of 8.86%, and also shows a lower return on average common equity of 28.63% compared to 32.28% for the industry.

Section 2: International Business Machines Corporation (NYSE: IBM) (“Buy” at the closing market price of USD 207.57, as of November 05, 2024)

2.1 Company Details

2.2 Technical Guidance and Stock Recommendation  

QuantumScape Corporation (NYSE: QS)

Section 1: Company Fundamentals

1.1 Company Overview and Performance summary

Company Overview:

QuantumScape Corporation (NYSE: QS) is developing solid-state lithium-metal battery technology for electric vehicles (EVs) and other applications. The Company's solid-state lithium-metal battery technology is designed to offer greater energy density, faster charging and enhanced safety. Its battery cells have none of the host materials used in conventional anodes.

This Global AI and Emerging Market Report covers the Company Overview & Price performance, Summary table, Key positives & negatives, Key metrics, Company details, technical guidance & Stock recommendation, and Price chart.

Price Performance:

• QS's share price has been corrected by 11.41% in the past three months. Moreover, in the long term, the stock has corrected by 11.56% over the past year.
• The stock is currently trading near to the middle of its 52-week range of USD 03 and 52-week low price of USD 4.67, with the expectations of an upside movement from the current support levels of USD 5-USD 5.20.
• The price is currently below its short-term (21-day) SMA and long-term (50-day) SMA, with the current RSI of around 44.17.

1.2 Summary Table

1.3 The Key Positives & Negatives

Section 2: QuantumScape Corporation (NYSE: QS) (“Speculative Buy” at the closing market price of USD 5.20, November 05, 2024)

2.1 Company Details   

2.2 Technical Guidance and Stock Recommendation 

Markets are trading in a highly volatile zone currently due to certain macroeconomic issues and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is September 04, 2024. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: The report publishing date is as per the Pacific Time Zone.

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

 Resistance: A level at which the stocks prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.

 Stop-loss: It is a level to protect against further losses in case of unfavorable movement in the stock prices.