International Business Machines Corporation (NYSE:IBM) is one of the stocks on Jim Cramer’s radar recently. Cramer mentioned that he wishes the Charitable Trust owned the stock, as he commented:
“What I found most ironic was an actual real-life example of the power of IBM’s quantum computing product versus the other ones that we’ve been talking about. HSBC, a giant bank, uses IBM’s Heron quantum processor to improve its algorithmic bond trading.
JuliusKielaitis / Shutterstock.com
International Business Machines Corporation (NYSE:IBM) delivers integrated solutions spanning software, consulting, infrastructure, and financing, with products in hybrid cloud, AI, servers, storage, and lifecycle services.
While we acknowledge the potential of IBM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.