Jim Cramer on International Business Machines: “It’s Inexpensive Relative to Its Growth Rate”
International Business Machines Corporation (NYSE:IBM) is one of the stocks Jim Cramer shared his thoughts on. Cramer praised the company’s CEO, as he said: “Let’s take them one by one, starting with IBM, which has become an incredibly strong performer with a stock that’s nearly tripled since late 2022 when it broke free from its… all-time highs. It’s also rallied over 40% over the past 12 months. Horse. Take a look at all the daily charts here because this paints a very encouraging picture. Stock mark ...