IBM: Quantum Yield

IBM led the world in patents for the 26th consecutive year.
The dividend yield sits at the highest level in over a decade at 5.2%.
The stock continues to trade at only 8.5x forward EPS estimates.
The Red Hat deal provides a potential catalyst with a new CEO.
International Business Machines (IBM) continues to lead the country in technology development that doesn't actually lead to meaningful revenue growth. The technology company does generate enough to reward investors with a 5%+ dividend yield and a stock trading at only $120 with a potential big catalyst from the Red Hat merger. My investment thesis remains bullish on this dip to $120.
Read the full article on Seeking Alpha. 

Disclosure: Long IBM. Please review the disclaimer page for more details. 
 

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