Jim Cramer Can’t Believe Himself When It Comes To International Business Machines (IBM)

We recently published Jim Cramer Shared Latest Take On Mega Quantum Computing Investment & Discussed These 13 Stocks. International Business Machines Corporation (NYSE:IBM) is one of the stocks discussed by Jim Cramer.

International Business Machines Corporation (NYSE:IBM) is one of Jim Cramer’s favorite quantum computing and software stocks. RBC Capital lowered the firm’s share price target to $300 from $330 and kept an Outperform rating on the shares. The financial firm’s coverage came after International Business Machines Corporation (NYSE:IBM) Think conference, and it commented that the latest adjustment for the share price target came due to peer multiple compression. Cramer, for his part, continued to praise the company’s quantum computing operations:

“IBM I said was the buy, I can’t believe I got it right. . .

“I went from Jensen to Arvind Krishna, and I think Krishna has got some very interesting technology that’s been used in finance right now. He’s got the best quantum story of anyone public, he’s not a promotional gentleman, so you end up thinking what does it really matter? But he’s walked me through it and it’s going to be big.”

Jim Cramer Can't Believe Himself When It Comes To International Business Machines (IBM)

Carillon Eagle Growth & Income Fund discussed International Business Machines Corporation (NYSE:IBM) in its Q1 2026 investor letter:

“International Business Machines Corporation (NYSE:IBM) shares pulled back as a result of weaker than expected quarterly earnings. Revenue growth in the key software business did not meet elevated expectations. We believe that IBM is key in the AI marketplace, with good prospects for consistent growth over the next several years.”

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 the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

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