Barron's top picks for 2022 (IBM what?)

$IBM Corp(IBM.US)$ I'm most surprised by the IBM pick. Barron's called it "baby Microsoft" and:

Under CEO Arvind Krishna, IBM has spun off a pedestrian business of managing data centers into Kyndryl Holdings (KD), refocused on the cloud and artificial intelligence, and vowed to start growing again for the first time in about a decade.

Wall Street is skeptical about IBM’s prospects, but one bull, BofA Global Research’s Wamsi Mohan, has compared Krishna to Satya Nadella, the Microsoft CEO who transformed the company over the past seven years.

IBM, whose shares trade around $126, is valued at 11 times projected 2022 earnings. And it has the highest dividend yield in the Dow Jones Industrial Average, at 5.3%.

If Krishna is successful in boosting sales and margins while making IBM relevant again, there could be a lot of upside in a largely forgotten stock.