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International Business Machines Corporation (IBM) Shares Higher After Jim Cramer Advised In August To Step In Due To Fundamentals
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International Business Machines Corporation (NYSE:IBM) is one of the Jim Cramer’s Biggest Quantum Computing & Data Center Stock Hits. International Business Machines Corporation (NYSE:IBM) is one of the largest enterprise computing companies in the world. While Cramer is also a fan of its enterprise business, the firm is one of two quantum computing stocks that the CNBC TV host has regularly spoken in favor of. Throughout 2025, as stocks of firms such as Rigetti soared, Cramer cautioned against them and insisted that International Business Machines Corporation (NYSE:IBM) is a strong player in the quantum computing industry. Over the year, the shares are up by 2.7%, and since Cramer’s comments on Mad Money, they are up by 8.5%. However, February 2026 was a tough month for International Business Machines Corporation (NYSE:IBM) as the shares lost 25% between February 6th and February 23rd. In what is widely described as one of the worst selloffs in the company’s history, the stock tumbled after investors worried about the disruptive potential of Anthropic’s Claude AI, as per media reports. The selloff came roughly six months after Cramer advocated buying International Business Machines Corporation (NYSE:IBM) due to strong fundamentals: “Okay, I didn’t think IBM’s quarter… was all that bad at all. I think you have a major opportunity down here because I think that we’re going to start talking about IBM and quantum. I think they have the lead in quantum, and I think quantum really does matter. They have a great software package. They’re doing so many things that are good. Adriano Castelli / Shutterstock.com 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: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.