IBM Stock Plummets Below 100-Day Moving Average Amid Anthropic's New Plugins
ByAinvest
Thursday, Feb 5, 2026 5:29 pm ET1min read
IBM--
IBM shares have fallen 6% this week after Anthropic launched new plugins for Claude Cowork, pushing the price below its 100-day moving average. Despite this, IBM remains up 25% from its August low. Famed investor Jim Cramer recommends buying IBM, citing its low price-to-earnings multiple and strong full-year forecast for 2026. Wall Street analysts agree with Cramer's optimism on IBM stock.
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