Jim Cramer Reviewed 5 Stocks, Including IBM and Caterpillar, After the Relief Rally

In this article, we will look at “Jim Cramer Reviewed 5 Stocks, Including IBM and Caterpillar, After the Relief Rally”. Please visit “Jim Cramer Reviewed 22 Stocks, Including Home Depot and Caterpillar, After the Relief Rally“ if you’d like to see the extended list and methodology behind it.

5. International Business Machines Corporation (NYSE:IBM)

International Business Machines Corporation (NYSE:IBM) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. Cramer called the company a bit of “mystery,” as he said:

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.

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. Cramer commented on the company during the February 24 episode and commented:

Yesterday, Anthropic put out something that sounded like it could hurt IBM, and IBM stock lost over 13% like this. It was one of the worst declines in ages. IBM has the same problem as the hard-hit enterprise software cohort. It’s difficult to understand because some of its businesses are complicated. It was an astonishing decline for a company that is actually doing quite well.

Unfortunately, all the sellers needed to know is that there’s a successful software company, or in the case of IBM, a hardware company that sells software, Anthropic will mimic it for less money… just using its AI. Customers will pause their purchases to see what Anthropic can do, or maybe just ask vendors for shorter contracts for less money. Either way, it’s bad news. Could it free some IBM business? I guess people think that. Suddenly, once unassailable companies with great moats seem like they might not, might be worth nothing, yes, nothing.

4. Verizon Communications Inc. (NYSE:VZ)

Verizon Communications Inc. (NYSE:VZ) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. Cramer noted that it is “too hard to figure this one out,” as he remarked:

Now, lots of things are loved on an update, but as you imagine, there are not a lot of hate spread around, and when you find it, let’s just say it’s eye-opening, maybe eye-popping. Some of these losers are real obvious… Verizon’s right there. Too hard to figure this one out. Might be connected to the coming IPO of SpaceX, which owns Starlink.

Verizon Communications Inc. (NYSE:VZ) provides wireless, broadband, and wireline services. The company offers mobile connectivity, fixed wireless access, fiber-based products, and related devices for consumers. In addition, it delivers networking, security, voice, IoT, and communication support services. A caller asked for Cramer’s opinion on the stock during the April 6 episode, and he responded:

Well, I mean, I gotta tell you, Verizon’s actually got some game here. It’s got a new CEO. It’s starting to move up. I care for Verizon. I think it’s well behind the market. I think you got a good idea. I’m not kidding. One of the best ideas around, frankly.

3. Sandisk Corporation (NASDAQ:SNDK)

Sandisk Corporation (NASDAQ:SNDK) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. Cramer mentioned the company while discussing the memory shortage theme and commented:

We have a cluster of names that have become a fixture and not a good one. I know controversial, but Sandisk, Lam Research, Western Digital, Seagate, these are all techs of a certain sort, ones related to memory, a low-tech portion of the cohort that happens to be in high demand happens to be in shortage. You need memory in the data center, tons of it. People didn’t see it coming. Sandisk and Western Digital make the stuff. Lam Research makes the equipment that makes the memory. So the demand for that is off the charts.

What’s the matter with that? Simple. We want the data center to grow, but we want it to grow by putting bigger and better equipment into the warehouses full of servers. I regard Western Digital and Sandisk as a tax on the system. They can just keep raising rates because there’s not enough supply. Low intellectual property that makes building data centers more expensive that makes the user pay more. Fortunately, on the upswing, there are some high intellectual property fiber optics and networkers further down the new high, the large gain list, but not enough to counteract the pernicious nature of the endless memory shortage. Okay, look, I want to see NVIDIA on that list, not Sandisk; it’s not happening.

Sandisk Corporation (NASDAQ:SNDK) sells NAND flash-based storage solutions, including solid-state drives, embedded storage, removable cards, and USB drives.

2. The Goldman Sachs Group, Inc. (NYSE:GS)

The Goldman Sachs Group, Inc. (NYSE:GS) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. Cramer noted the “multiple reasons” to own the stock, as he said:

How about this Goldman Sachs? Alright, there are multiple reasons to own this stock once you think the coast is clear. I know there’s plenty of money there that could be destined for takeovers now. I think there’ll be a rush of deals as this administration is incredibly pro-deal-making. They never met a merger they didn’t like unless it involves the President’s political enemies, that is. And it represents a lot of advisory business for the investment banks. Now, Goldman reports next week. I think it should be a good one, as we told members of the CNBC Investing Club. We’ve owned the stock for a long time.

The Goldman Sachs Group, Inc. (NYSE:GS) provides financial services, including investment banking, asset and wealth management, and banking solutions. A caller asked about the stock during the March 2 episode, and Cramer replied:

Do you know, Jeff Marks and I were both marveling about how ridiculously the stock was down. It’s 15 times earnings. My friend, Lloyd Blankfein, in a very good book, Streetwise, talks about exactly why the company’s valued as it is. I think it’s way too cheap.

1. Caterpillar Inc. (NYSE:CAT)

Caterpillar Inc. (NYSE:CAT) is among the stocks Jim Cramer reviewed while discussing the Iran ceasefire that triggered a relief rally. Cramer highlighted the positives around the company as he said:

Now, Caterpillar’s different. Caterpillar’s up there, and its presence is a reminder of how terrific this market can be. CAT represents infrastructure money, construction money, and data center money. It’s been such a horse because the company’s got multiple ways to win. I think Caterpillar moved up on the prospect of more infrastructure, perhaps worldwide, more construction, because rates came down, at least for most of the session.

And of course, the data center, because you need CAT generators to back up the usual power sources. I think the data centers may actually have hidden opportunities. You can string CAT engines, maybe even thousands of them, and tie them together, and then plug them directly into the natural gas patches we have all over the country and power data centers without raising electric rates.

Caterpillar Inc. (NYSE:CAT) provides heavy machinery, engines, turbines, and rail equipment. In addition, the company offers power systems, parts, and support that keep the equipment working.

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