Jim Cramer Says International Business Machines "Is Still Very Inexpensive"

International Business Machines Corporation (NYSE:IBM) is one of the stocks from different market sectors that Jim Cramer commented on. Cramer highlighted the “big runs” in companies like IBM, as he remarked:

“Apart from that, retail favorites like Palantir and AppLovin stood out… And I also like to see some big runs in old tech that’s names like IBM, which I think is still very inexpensive, and Cisco Systems, which we own for the Charitable Trust, they were up 35 and 30%, respectively.”

International Business Machines Corporation (NYSE:IBM) provides software, consulting, and cloud and on-site technology solutions, along with financing to help clients use its products. During the December 22, 2025, episode, Cramer called the company’s stock cheap despite trading at record highs. The Mad Money host commented:

“I also asked if some of the legacy tech giants, like Cisco and IBM, could continue the better performance they’ve been putting up, and I’m happy to say that by and large, they have. Cisco’s climbed nearly 32% year to date about three weeks ago. The stock closed at a record high for the first time since March of 2000. Great win for the CNBC investing club there. Meanwhile, IBM’s up more than 38%, trading at record highs. It’s still cheap, by the way, and it still should be bought.”

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