Probably one of the most hated technology stocks out there is IBM (IBM). For years and years, IBM has been dead money at best. The company has had 19 consecutive quarters of revenue declines, and its stock has gone nowhere for years.
IBM Revenue (Quarterly) data by YCharts
The question is, why should anyone buy IBM today?
First of all, IBM is trading close to its 52-week lows. While this alone is not a reason to be a buyer, it is if you think the company might turn around. In fact, bottom picking from 52-week lows can be extremely profitable, if you get it right.
