International Business Machines Corporation (IBM)'s CEO Is Doing A "Terrific Job," Says Jim Cramer

We recently published 11 Stocks Jim Cramer Discussed As He Said Apple’s CEO Is A “Pawn”. International Business Machines Corporation (NYSE:IBM) is one of the stocks Jim Cramer recently discussed.

International Business Machines Corporation (NYSE:IBM)’s stock is up 12% year-to-date despite taking a beating over the past couple of months. The shares have lost 12.5% since late July after investors began to question whether the firm’s software business had sufficient juice to produce growth. Cramer is nothing short of an International Business Machines Corporation (NYSE:IBM) bull, as he believes that the firm has great leadership and can become a long-term leader in quantum computing. This time, he discussed International Business Machines Corporation (NYSE:IBM) CEO’s comments regarding football picks:

“IBM, had us, there’s 38 billion pieces of the data when you enter your name and you get your next, your next player and then the player after. That’s going to be Arvind, he runs that, which is a terrific job.”

Recently, Cramer was asked about his top quantum computing stocks. Here is what he said:

“I think IBM may be very real and that stock has just taken a beating. So that’s what I’m focused on.”

While we acknowledge the potential of IBM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.