IBM's Quantum Leap: A Misstep in the Making? Jim Cramer has been a vocal supporter of International Business Machines Corporation (NYSE:IBM), despite its underwhelming performance.
The stock has dropped 26% year to date and plummeted 25% on July 14th, yet Cramer continues to tout IBM's software and quantum computing businesses as bright spots.
However, the company's latest earnings report paints a more nuanced picture.