MORGAN STANLEY: IBM's stock could explode 40% (IBM)

Don't let Berkshire Hathaway's IBM stock selloff scare you, Morgan Stanley says.
The multinational technology company's stock price is primed for a strong second half of the year, according to the US investment bank.
IBM posted weak first quarter gross margins, but Morgan Stanley expects a rebound with IBM due to ship a new mainframe later this year.
According to Morgan Stanley's analysis, the launch of a new mainframe has historically added $400 million in pre-tax income. 
"We see pre