Cramer Suggests International Business Machines "If You Crave Quantum Computing"

International Business Machines Corporation (NYSE:IBM) is one of the stocks Jim Cramer mentioned in his latest comments. Cramer highlighted the company as a quantum computing play, as he commented:

“So if you crave quantum computing in your portfolio, IBM’s got commercial quantum that’s selling really well… much safer way to go.”

International Business Machines Corporation (NYSE:IBM) provides technology solutions, including hybrid cloud, AI, consulting, and infrastructure services. Cramer discussed the company’s quantum computing solutions during the November 5 episode and said:

“Okay, first, I think there are only two quantums right now that are, that are actually real. One is IBM and the other is Google. There’s a lot of others. We’ve had D-Wave on… You know, actually, I’m not saying that they’re all jokes like Rigetti is a joke.. It’s not like that. I do feel that what’s happened is that there are a lot of speculative stocks about quantum that are 7, 8, 10 years away. IBM’s got something that’s going to work in the next year or two. It should impact all the power that, we won’t need nearly as much power with quantum. But as Jensen Huang told me multiple times, he’ll be in there too. You can’t run the quantum without the GPUs, so you can run them side by side. IBM is the inexpensive way. They do have eight machines that are currently working in quantum. That’s the way to play it. Nothing else right now, okay? Nothing else.”

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