Jim Cramer Says International Business Machines CEO has "The Best Quantum Computing Campaign"

International Business Machines Corporation (NYSE:IBM) is one of the stocks in Jim Cramer’s recent game plan. Cramer showed positive sentiment toward the company’s quantum computing future during the episode. He said:

“IBM reports too. I expect them to explain why the bears who don’t think that the growth rate is up to stuff last quarter will have to eat crow. Hey, by the way, CEO Arvind Krishna has the best quantum computing campaign on earth. It puts all the speculative operators to shame. And unlike something, say like IONQ where insiders dump 6.6 million shares to take advantage of a colossal run based on retail buying, with IBM, you really don’t have to worry about a wave of insiders ringing the register. That doesn’t happen.”

International Business Machines Corporation (NYSE:IBM) provides software, consulting, infrastructure, and financing solutions, specializing in hybrid cloud and AI technologies. Cramer mentioned the company during September 25 episode. He stated:

“What I found most ironic was an actual real-life example of the power of IBM’s quantum computing product versus the other ones that we’ve been talking about. HSBC, a giant bank, uses IBM’s Heron quantum processor to improve its algorithmic bond trading.

It produced a 34% improvement in trade predictions. Ah, the irony of an old-line company beating the pants off its younger competitors. Although, by the way, I’d point out that many of these younger quantum plays aren’t that young. They’ve been around for a long time without coming up with something as practical as what IBM has already developed. Maybe IBM is the best way to invest in quantum, and it’s a mighty inexpensive stock. I spent a lot of time with IBM recently. I wish we owned it for the Charitable Trust, frankly. It looks that good.”

While we acknowledge the potential of IBM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, 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.