Jim Cramer on International Business Machines: “It’s Still Cheap”

Group 1 - Jim Cramer highlighted IBM as a stock that remains undervalued despite a significant increase of over 38% year-to-date, reaching record highs [1] - Cramer noted that IBM is one of the leading companies in quantum computing technology, alongside Alphabet, and advised against speculative quantum stocks [2] - The company provides a range of services including software, consulting, and cloud technology solutions, which are essential for clients utilizing its products [2] Group 2 - Cramer mentioned that legacy tech giants like IBM and Cisco have shown strong performance, with Cisco climbing nearly 32% year-to-date [1] - There is a belief that certain AI stocks may offer greater upside potential compared to IBM, although IBM is still recognized for its value [2]