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.

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