IBM stock soared 5% after an impressive quarter, closing at $309. With a strong full-year forecast for 2026, IBM has beaten earnings estimates for 17 consecutive quarters. Despite trading at a premium, Cramer believes IBM has more room to grow due to its quality story and low price-to-earnings multiple.

IBM offers software, consulting, cloud, and on-site technology solutions, along with financing for clients. While IBM is seen as a solid investment, other AI stocks may offer greater upside potential and less downside risk. For undervalued AI stock options, a free report is available highlighting one with significant potential growth.

For more stock recommendations, check out “30 Stocks That Should Double in 3 Years” and “11 Hidden AI Stocks to Buy Right Now.” This article was originally published on Insider Monkey.

Read more at Yahoo Finance: Jim Cramer Says “IBM’s the Rare AI Winner With a Fairly Low Price-to-Earnings Multiple”