Jim Cramer Believes “IBM’s a Terrific Buy Here”

International Business Machines Corporation (NYSE:IBM) was among Jim Cramer’s stock calls, as he discussed the rising market speculation. The stock was mentioned during the episode, and Mad Money’s host said:

How about the quantum stocks? I believe that one day, quantum computing will be very important, but today is not that day. Right now, the publicly traded companies are just science projects. They all talk a big game. But again, the only viable quantum businesses belong to Google, IBM, and Honeywell. I own Google for the Charitable Trust. I also think IBM’s a terrific buy here.

Credit: IBM

International Business Machines Corporation (NYSE:IBM) provides software, consulting, and cloud and on-site technology solutions, along with financing to help clients use its products. On April 8, Cramer commented:

IBM’s a bit of mystery, too. The last quarter, okay, so it was tad suspect, but I think the buy on this mild pullback is the right thing to do.

While we acknowledge the risk and potential of IBM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than IBM and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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