Jim Cramer Says International Business Machines Corporation (IBM) Had A 'Remarkably Good Quarter'

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Jim Cramer Says International Business Machines Corporation (IBM) Had A 'Remarkably Good Quarter'

//business-finance.news-articles.net/content/202 .. rporation-ibm-had-a-remarkably-good-quarter.html

Published in Business and Finance on Saturday, February 15th 2025 at 16:21 GMT by MSN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

We recently compiled a list of the Jim Cramer Discusses These 11 Stocks & Finds Few Reasons To Sell. In this article, we are going to take a look at where International Business Machines Corporation (NYSE:IBM) stands against the other stocks.

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Jim Cramer, host of CNBC's "Mad Money," praised International Business Machines Corporation (IBM) for its strong performance in the latest quarter. IBM reported a significant revenue increase, driven by growth in its software and consulting segments. The company's focus on hybrid cloud and artificial intelligence (AI) has paid off, with particular success in its Red Hat division and AI offerings. IBM also raised its full-year outlook, reflecting confidence in continued growth. Cramer highlighted IBM's strategic shift towards high-value areas like cloud computing and AI, which has not only improved its financials but also positioned it well for future market demands.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/jim-cramer-says-international-business-machines-corporation-ibm-had-a-remarkably-good-quarter/ar-AA1z7m5p ]