The company integrates its hardware products with its software and services offerings to provide high-value solutions. Analysts have cited the company’s potential in the public cloud as a reason for their positive outlook going forward.

The company posted a very solid fourth quarter. The cloud proved to be big in the earnings reports, as did Red Hat, the software giant the firm bought in 2019. Red Hat’s open hybrid cloud technologies are now paired with the unmatched scale and depth of IBM’s innovation and industry expertise and sales leadership in more than 175 countries.

IBM stock investors receive a 5.37% dividend. The Jefferies price objective of $165 is well above the $143.47 consensus target and Thursday’s closing print of $121.97

Iron Mountain

This company is somewhat of a surprise, given the strength of the sector. Iron Mountain Inc. (NYSE: IRM) is the global leader in secure storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 90 million square feet across approximately 1,450 facilities in approximately 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data and cultural and historical artifacts.

Its solutions include secure records storage, information management, digital transformation and secure destruction, as well as data centers, cloud services and art storage and logistics. Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster and enable a more digital way of working.

Iron Mountain generates more than $4.2 billion in revenue and has a durable business model. Recent acquisitions position the company for growth in data centers and emerging markets.

This real estate investment trust pays a 5.86% distribution. The $56 Goldman Sachs price target compares with a $43.75 consensus estimate for Iron Mountain stock. Thursday’s close at $45.43 a share was up almost 8% for the day.

Kinder Morgan

This top energy stock remains a favorite across Wall Street. Kinder Morgan Inc. (NYSE: KMI) operates as an energy infrastructure company in North America. The company operates through the following segments.