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Ari Wald And Delano Saporu Weigh In On IBM Going Into Earnings

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Ari Wald And Delano Saporu Weigh In On IBM Going Into Earnings

On CNBC's "Trading Nation," Ari Wald of Oppenheimer said IBM (NYSE: IBM) is showing relative weakness and it's going to continue to underperform the tech sector and rise at a lesser pace. He thinks it's going to underperform because in the last seven years, during one of the best tech rallies since the 90s, IBM has been recording lower highs.

Delano Saporu of New Street Advisors said he is on the sidelines when it comes to IBM. He wants to see if the recent management decisions can be executed correctly. Saporu wouldn't trade the stock going into earnings, which are scheduled on Monday after the bell.

 

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