We recently published 12 Stocks Jim Cramer Discussed As Analyzed Morgan Stanley’s Comments. International Business Machines Corporation (NYSE:IBM) is one of the stocks Jim Cramer recently discussed.
International Business Machines Corporation (NYSE:IBM) is one of the most important technology companies in the world. The firm caters to the needs of enterprise computing users by providing access to hardware and software products. International Business Machines Corporation (NYSE:IBM)’s shares have gained 28% year-to-date as the firm has benefited from beating analyst earnings estimates and charting a path for the future of quantum computing. Cramer’s previous remarks have been full of praise for International Business Machines Corporation (NYSE:IBM)’s CEO, and this time, he commented on the firm’s upcoming quarter:
“IBM’s gonna have a fantastic quarter.”
A closeup of a woman’s hands typing rapidly on a laptop in a corporate office setting.
Previously, the CNBC host discussed his thoughts about the future of International Business Machines Corporation (NYSE:IBM)’s shares:
“Oh, I like IBM very much. I mentioned Ben Wright earlier. I think that Ben, he’s really turned me on to this stock. We did a very positive piece about it. I think it goes, I’m going to say not much higher but creeping higher over time, and that’s actually a great place to be. So I like IBM.”
While we acknowledge the potential of IBM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.