Here are some excellent reasons to buy IBM: 1. Good earnings yield of 6.71% beats the 30 year US treasury bond yield of 4.75% 2. PEGY ratio of 1.12 is excellent, showing that it definitely has the earnings growth and the dividend yield to justify it's P/E of 14.90 3. $.30/share quarterly dividend is nice 4 IBM should definitely look at using it's stock to acquire other companies, due to it's relatively high P/B of 4.80 5 A return on assets of 9.20% is excellent! Above it's main competitor, HP, ROA of 8.00% 6. A 22.4% ROI is way better than HP's ROI of only 16% 7. Has excellent profitability with a operating margin of 18.50%, double HP's 9.70% 8. IBM landed a $4MM deal w/ Brownsville to design a citywide technology modernization project. http://www.marketwatch.com/news/story/brownsville-goes-blue-ibm-help/... Any comments or additions? Hope my analysis helps!!!