IBM Shapes Up for Software Growth

The investment bank's favored mega-cap technology stocks are IBM, Intel, Microsoft, eBay(EBAY) , Cisco(CSCO) and Qualcomm(QCOM) , she added.

In addition to IBM, Intel(INTC) also reports its first-quarter results after market close on Tuesday, with investors keen to hear more details about the no.1 chip maker's mobile strategy.

Analysts surveyed by Thomson Reuters expect Intel to report revenue of $12.84 billion and earnings of 50 cents a share.

--Written by James Rogers in New York.

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