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A Mark of Desperation or Innovation?

0 | By Wall Street Insights and Indictments Staff

Though on the surface it seems like a good investment, International Business Machines Corp. (NYSE:IBM)’s recent announcement to purchase the cloud computing firm, Red Hat, is raising flags of management issues and potential conflicts could arise therein. Only time will tell if this acquisition is a wise one, or if it’s a mark of desperation on IBM.

Then, on this episode of Varney & Co., Shah Gilani and host Stuart Varney dive into if Amazon.com Inc. (NasdaqGS:AMZN)’s current dip is enough for Shah to go all-in. But, Shah says, with mid-term elections closing in, the already-wobbling market could have further to fall – providing an ample buying opportunity. Later, Shah reveals which tech titan stocks investors would be smart to jump on now…


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