Here's Why We Think International Business Machines (NYSE:IBM) Might Deserve Your Attention Today

IBM's Earnings Outlook

International Business Machines (NYSE:IBM) is scheduled to release its quarterly earnings results on Monday, January 23rd, after the market closes.

Analysts are expecting the company to report earnings per share of $3.61 on revenue of $16.52 billion. IBM has a history of beating earnings estimates, so it's possible that the company could exceed these expectations.

Positive Long-Term Catalysts

• IBM is a major player in the cloud computing market. Cloud computing is a rapidly growing industry, and IBM is well-positioned to benefit from this growth.
• IBM is also investing in artificial intelligence (AI). AI is a transformative technology that has the potential to revolutionize many industries. IBM is well-positioned to be a leader in this space.

Recent Sell-Off Presents Buying Opportunity

IBM's stock price has declined by over 30% in the past year. This decline has been driven by a number of factors, including the company's slow growth in recent quarters. However, we believe that IBM's recent sell-off has created a buying opportunity for investors.

IBM is a dividend payer

IBM has a long history of paying dividends to its shareholders. The company's current dividend yield is 5.2%. This makes IBM an attractive investment for income investors.

Conclusion

We believe that IBM is a well-positioned company with a bright future. The company's investments in cloud computing and AI are likely to drive growth in the years to come. IBM's recent sell-off has created a buying opportunity for investors.