We recently published 14 Stocks Jim Cramer Discussed As He Went “All In” On Quantum Computing. International Business Machines Corporation (NYSE:IBM) is one of the stocks Jim Cramer recently discussed.
International Business Machines Corporation (NYSE:IBM) is one of Cramer’s favorite technology stocks. Throughout this year, the CNBC TV host has expressed optimism about the firm’s CEO and the firm’s consistency in winning contracts for its enterprise computing business. International Business Machines Corporation (NYSE:IBM)’s shares fell by 7.6% after the firm’s latest earnings report saw software revenue of $7.39 billion miss analyst estimates of $7.43 billion. Cramer discussed the earnings report:
“Most of the news is good this morning, IBM. I still think not as bad, uh, Chipotle we have to talk about.
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Previously, he discussed potential future International Business Machines Corporation (NYSE:IBM) share price movement:
“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.”
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Disclosure: None. This article is originally published at Insider Monkey.