IBM is attempting a pivot toward hybrid cloud and AI (watsonx), but its D growth grade is among the weakest in this entire batch, and its 1-year return of -5.5% reflects that struggle.

A 2.88% dividend yield is attractive, but it's a classic pattern of a low-growth company returning cash to shareholders instead of reinvesting for growth. Valuation (B+, ~21x P/E) is comparatively cheap, but the priority should be confirming that the cloud/AI pivot is actually translating into revenue growth rather than buying simply because it looks inexpensive.