We recently published a list of Jim Cramer Discusses Quantum Computing Stocks Among These 12 Stocks. In this article, we are going to take a look at where International Business Machines Corporation (NYSE:IBM) stands against other stocks that Jim Cramer discusses.
International Business Machines Corporation (NYSE:IBM) is one of the largest enterprise computing firms in the world. It is also one of the oldest technology companies in the industry. International Business Machines Corporation (NYSE:IBM)’s scale and experience enable it to target some of the most important and fastest-growing sectors of the technology industry. Two such sectors are semiconductor fabrication and quantum computing. International Business Machines Corporation (NYSE:IBM)’s partnership with Samsung led to the latter developing its cutting-edge gate-all-around field-effect-transistor (GAAFET) 2-nanometer chip manufacturing process. In quantum computing, International Business Machines Corporation (NYSE:IBM) made a key announcement recently when it revealed that it was on track to build the world’s first large-scale fault-tolerant quantum computer. Here’s what Cramer had to say about the potential historic announcement:
“And IBM does have quantum, and that’s one of the reasons that why IBM is at an all time high!”
A closeup of a woman’s hands typing rapidly on a laptop in a corporate office setting.
International Business Machines Corporation (NYSE:IBM) is one of Jim Cramer’s favorite stocks, and in his recent remarks he commented about the firm’s exposure to currency fluctuations:
“So remember most of these companies are like wow, bring it down, IBM, people were saying maybe IBM’s making too much money from a weak dollar. I happen to like IBM, for the record, but, the companies themselves are very pro weak dollar. So when you speak to them offline, they love it.”
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.