Jim Cramer on IBM's Success Under CEO Arvin Krishna

IBM's Transformation Under Arvin Krishna

• 🎯 Arvin Krishna is lauded for his remarkable job as CEO of IBM, transforming a stock that had been stagnant for a long time.
• 📈 Under Krishna's leadership, IBM's stock has risen to 27 times earnings, a significant wealth creation event.
• 💡 Krishna successfully embraced the cloud and made strategic acquisitions, contributing to the company's resurgence.

Analyst and Market Sentiment

• 📊 Ben Righteous from Melius has indicated that IBM's growth can continue.
• 🌟 Katie Huberty is remembered for calling IBM a "great place to hide in" when she upgraded the stock a couple of years ago, a call that has since proven accurate.

Commentary on Apple and Government Actions

• 🍎 Cramer expresses disapproval of what he calls "cheap shots" taken by the government against Apple.
• ⚠️ He questions government actions, such as Apple's move to India, suggesting that the government's desired outcomes are unclear or shifting, using the analogy of "moving the goalposts."