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Jim Cramer on International Business Machines: "Astonishing Decline for a Company That Is Actually Doing Quite Well"

Jim Cramer on International Business Machines: "Astonishing Decline for a Company That Is Actually Doing Quite Well"

FinvizFinviz2026/02/26 15:00
By:Finviz

International Business Machines Corporation (NYSE:IBM)

IBM
) is one of the
stocks Jim Cramer commented on
. Cramer noted the stock’s recent decline, as he remarked:

Yesterday, Anthropic put out something that sounded like it could hurt IBM, and IBM stock lost over 13% like this. It was one of the worst declines in ages. IBM has the same problem as the hard-hit enterprise software cohort. It’s difficult to understand because some of its businesses are complicated. It was an astonishing decline for a company that is actually doing quite well.

Unfortunately, all the sellers needed to know is that there’s a successful software company, or in the case of IBM, a hardware company that sells software, Anthropic will mimic it for less money… just using its AI. Customers will pause their purchases to see what Anthropic can do, or maybe just ask vendors for shorter contracts for less money. Either way, it’s bad news. Could it free some IBM business? I guess people think that. Suddenly, once unassailable companies with great moats seem like they might not, might be worth nothing, yes, nothing.

Jim Cramer on International Business Machines:
Credit: IBM

International Business Machines Corporation (NYSE:IBM) provides software, consulting, and cloud and on-site technology solutions, along with financing to help clients use its products.

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:
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and
11 Hidden AI Stocks to Buy Right Now
.

Disclosure: None. 
.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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