The challenges for revenue growth are apparent for IBM, but the technology giant's income and equity yield make the stock attractive, said Erin Gibbs, Equity Chief Investment Officer for S&P Capital IQ. Gibbs added that market sentiment right now around older technology stocks like IBM is not favorable, but that is another reason why it is a good value. She said margins are being compressed as CenturyLink invests in its new offerings, nevertheless, earnings per share at the telecom are expected to grow 88% in 2015 compared to 2014. Furthermore, Gibbs likes CenturyLink's 5.5% dividend yield, one of the highest in the S&P 500. Finally, Gibbs is positive on The Gap, saying the retailer is focused on share buybacks, buying back about 6.5% of shares last year and reiterating commitment to the buyback plan.