Jim Cramer recently discussed International Business Machines Corporation (NYSE:IBM), a top enterprise computing stock. Despite a 15% gain year-to-date, IBM disappointed investors with software revenue, causing a 9.9% loss post-earnings. Cramer highlighted IBM’s software for fantasy football picks, emphasizing its capabilities with 36 billion pieces of data.

Cramer previously analyzed IBM’s stock price, noting a rollercoaster ride. While the stock surged 50% over 12 months due to AI solutions, concerns arose over slowing software growth post-earnings. IBM’s stock plummeted 7.6% in a session, struggling to recover since. Investors seek higher returns from AI stocks with limited downside risk.

For those interested in AI investments, consider exploring other opportunities besides IBM. Insider Monkey offers a report on the best short-term AI stock. Discover potential stocks that could double in three years or hidden AI gems to buy now. Note: No disclosure mentioned in the article.

Read more at Yahoo Finance: International Business Machines Corporation (IBM) Is Doing What Humans Can’t, Says Jim Cramer