International Business Machines (IBM) "is Absolutely Terrific," Says Jim Cramer

We recently published 11 Stocks Jim Cramer Shared His Insights On.  International Business Machines Corporation (NYSE:IBM) is one of the stocks Jim Cramer discussed.

International Business Machines Corporation (NYSE:IBM) is one of Cramer’s favorite stocks in the technology space. He has defended the stock against selling and, in July, remarked that the shares could slowly creep higher. In March, Cramer had remarked that International Business Machines Corporation (NYSE:IBM) was a “pure” buy, and as the year settled in, he increasingly cited the firm as an example of a solid quantum computing stock pick as well. Naturally, the CNBC TV host was optimistic about International Business Machines Corporation (NYSE:IBM) in this. appearance as well:

“IBM I think is absolutely terrific.”

Here is what Cramer said about International Business Machines Corporation (NYSE:IBM) and quantum computing on September 25th:

“[On HSBC announcement that used IBM quantum to improve the efficiency of their trades] I’ve met with Arvind Krishna and he said look, you want real quantum? We have real quantum. He also, by the way, said that Honeywell Quantinium, that that’s real. Google we know is real. And then there’s all these companies that are development stage companies. That may be development stage companies for a very long time. And that’s IONQ, that’s D-Wave. Because they’ll tell you listen, we’re working very hard, but we’re nowhere near, they’re working hard. IBM actually has something right now that is pretty positive. IBM, David. It could reinvent finance.”

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