11:17 AM EDT, 03/24/2025 (MT Newswires) -- International Business Machines ( IBM ) has been added to the names of companies to benefit from AI spending, Wedbush Securities said in a note Monday.

"The clear standout over the last month from checks has been the cloud penetration success at IBM ( IBM )," said Wedbush analysts, including Daniel Ives. They said IBM ( IBM ) has a massive opportunity to monetize its installed base over the next 12 to 18 months.

"We are now adding IBM ( IBM ) to the Wedbush Best Ideas List

reflecting our incremental confidence in this name," they said.

The report said Palantir Technologies ( PLTR ) and Salesforce ( CRM ) remain the two best software plays on the AI revolution for 2025. Others include Oracle (ORCL), Snowflake (SNOW), MongoDB ( MDB ) , and Innodata ( INOD ) .

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