Jim Cramer Says “You Like Quantum? IBM”

International Business Machines Corporation (NYSE:IBM) was one of the stocks on Jim Cramer’s recent Mad Money game plan. Whilst noting how poorly received the last quarter from the company was, Cramer commented:

IBM got blasted last quarter. I didn’t think it was such a bad quarter, and no particular reason to go down. It seemed odd given how solid I thought the quarter was. I think Big Blue will reverse that move with a strong quarter, including lots of information, I hope, about its quantum computing efforts. They’re real. You like quantum? IBM.

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. Cramer made a similar comment during the episode aired on April 16, as he remarked:

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.

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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