Tech Pro: 'I'd Have A Hard Time Being Short IBM Going Into The Print'

Sean Udall, a tech stock strategist expert, discussed

'S second quarter print which is expected to be reported after Monday's closing bell.

the crowd-sourced earnings and economic rating platform is expecting the company (based on 104 estimates) to earn $3.80 per share on revenue of $20.970 billion. This compares to the Wall Street consensus estimate calling for the company to also earn $3.80 per share but on revenue of $21.001 billion. Udall said that IBM's results could be "surprisingly good" as the company continues to ramp up its Watson division. The segment represents its entry in to the rapidly growing business intelligence and database architecture segments. Udall continued that IBM's results in the past haven't been "terrible" but it has had a difficult time finding growth. As such, shares have stalled over the past two years. However, the company could take action including strategic acquisitions to fuel growth which could limit downside in the stock. In fact, if the company where to make a positive announcement in its print or conference call, shares could rebound to the $180 to $185 level, maybe even as high as $190. "I'd have a hard time being short IBM going into the print," Udall concluded.