Jim Cramer’s 20 Bold AI Predictions – See How They Played Out!

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13. International Business Machines Corporation (NYSE:IBM)

Number of Hedge Fund Holders In Q2 2025: 63

Date Of Cramer’s Remarks: 8-21-24

Share Price Performance Since Then: 22.7%

International Business Machines Corporation (NYSE:IBM) is one of the biggest technology companies in the world. Cramer has been a long-time fan of the stock, as not only did he praise the firm in August 2024, but he has continued to remain optimistic in 2025 as well. Since his comments, International Business Machines Corporation (NYSE:IBM)’s shares have gained 22.7%. However, they would have been higher had it not been for a 14.6% drop since late July. One major catalyst for the stock occurred in January when the stock jumped by 13% after International Business Machines Corporation (NYSE:IBM) beat analyst revenue and earnings estimates for its fourth quarter earnings. Yet, the stock tumbled by 7.6% in July after the firm’s earnings report saw it disappoint investors with its software revenue. Here is what Cramer said about International Business Machines Corporation (NYSE:IBM) in August 2024:

“I think IBM is doing great. Arvind Krishna has done a remarkable job with IBM. I would hold on to it or consider buying more.”

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