Tech analyst Andrew Tonner discusses with Austin Smith IBM's recent impressive earnings announcement. As expected, IBM exhibited consistently slow growth, a result of its dependable recurring business model. Andrew thinks the company is in a great position and that investors should continue to see solid, although not explosive, growth looking forward. 

If you're looking for something different, then you should check out our new free report, "The Motley Fool's Top Stock for 2012." In it, our chief investment officer identifies his favorite company for the year. To access the report before the rest of the market catches on, click here -- it's absolutely free.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.