We recently published 11 stocks on Jim Cramer’s radar. International Business Machines Corporation (NYSE:IBM) is one of the stocks on Jim Cramer’s radar.

International Business Machines Corporation (NYSE:IBM) is one of the world’s largest suppliers of business computer hardware and software. The company’s shares are up 19.9% ​​over the past year and 5.2% since last year. Bernstein raised their price objective on shares of International Business Machines Corporation (NYSE:IBM) to $330 from $280 and maintained the stock’s market perform rating on Friday. The financial firm noted that the tech company could face headwinds from AI-related devaluation. Bernstein added that International Business Machines Corporation’s (NYSE:IBM) strength in the quantum computing business could already be reflected in the company’s stock price. Cramer has also spoken several times about the quantum computing business. The CNBC TV host has gone so far as to suggest that International Business Machines Corporation (NYSE:IBM), along with Google, is the only quantum computing stock worth buying. Naturally, he continued to praise the quantum business in this episode:

Source: unsplash

“Well, you know Arvind Krishna really has quantum. And it’s actually being used. His stock is still undervalued. I think he’s a great man who’s taken a company that people think was behind. They don’t look at what IBM is doing. There’s still a lot of companies, the so-called local, the big banks, and they’re using IBM. If I couldn’t do enough IBM. come everywhere, we could do it so that maybe we wouldn’t have to use so much energy, we wouldn’t build, we wouldn’t do Microsoft’s business on Three Mile Island.”

While we recognize IBM’s potential as an investment, our conviction lies in the belief that some AI stocks hold more promise for higher returns and have limited downside risk. If you’re looking for an extremely cheap AI stock that’s also a big beneficiary of Trump’s tariffs and onshoring, check out our free report on the best short term AI stock.

READ THE FOLLOWING: 30 stocks that should double in 3 years i 11 Hidden AI Stocks to Buy Right Now.

Disclosure: no. This article is originally published in Monkey Insider.