How To Trade The IBM Analyst Day Tomorrow (IBM, EMC, SVVS, FFIV, DLR)

IBM IBM is set to host its analyst day tomorrow which will likely to focus on the roadmap to 2015.

Barclays believes the day will be focused on stuff the company talked about at its last analyst day, such as "growth markets", "analytics", "next-generation data center and cloud", and a "smarter planet".

Barclays expects IBM to reiterate its 2015 EPS of at least $20 per share, based on its new non-GAAP reporting.

If the company is positive on data centers and cloud computing, names like VMware VMW, Citrix Systems CTXS, Digital Realty Trust, Inc. DLR, F5 Networks FFIV, Savvis SVVS and EMC EMC could rally in sympathy based on how heavy IBM portrays data centers and cloud computing as being part of the company's future.

Just this morning, the company announced it would be investing $38 million in a cloud computing data center to address Asian growth.

"IBM's investment in our Asia Pacific Cloud Computing Data Centre in Singapore reflects the increase in demand for cloud solutions and services by our clients in the region. The Centre will provide the highest security standards and capabilities to minimize capital expenditure and reduce operational costs," said Paul Moung, Vice President, Cloud Computing, IBM Growth Markets.

"The new Centre furthers IBM's focus on the delivery of cloud services and technology for both public and private clouds, giving clients the best available set of options to achieve their infrastructure ambitions."

"IBM's decision to invest in Singapore for the Asia Pacific Cloud Computing Data Centre is aligned to the country's iN2015 Masterplan, answering the call from the government to entrench our nation's position as a Global-Asia Hub for the delivery of cloud computing services in the region and beyond." said Teresa Lim, Managing Director, IBM Singapore. "The Centre will help to establish a vibrant cloud computing ecosystem here as well as contribute to attracting high-value economic clusters in Singapore, as called out in Budget 2011."

At last check, shares of IBM were off $2.33 to $159.50, a loss of 1.44% in line with the broader market sell off.

International Business Machines Corporation (IBM) provides information technology (IT) products and services worldwide.