Has International Business Machines (IBM) Lastly Bottomed Out?

Investors got a bit too excited about Big Blue’s lackluster earnings report. Shares of IBM (NYSE:IBM) jumped 8% on Jan. 23 after the tech giant’s fourth-quarter numbers beat analyst expectations. Big Blue’s revenue fell 3% annually to $21.8 billion, marking a second consecutive drop but surpassing estimates by $30 million. Its non-GAAP net income fell 8%…