Warren Buffett’s Berkshire Hathaway boosted its stake in IBM by 9.2 percent, as disclosed in a regulatory filing Tuesday. TheStreet’s Jim Cramer says Warren Buffett increasing his stake in IBM says the turn must be at hand or he wouldn’t be buying more. About 25% of IBM is so forward looking and terrific in terms of business analytics that if somehow they could turn the rest of the company around like that, then the stock will go dramatically higher, says Cramer. However, the company doesn’t have growth he says. It has to show growth to attract people more than just Buffett. Cramer advises investors not to trade things off of Warren Buffett.
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