TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said shares of companies like International Business Machines (IBM) - Get Report and FLIR Systems (FLIR) - Get Report are set to rise following Apple's (AAPL) - Get Report encryption kerfuffle with the FBI. 'The actual technology that's being used behind the scenes is often weighted towards artificial intelligence,' Cramer said. 'The premier artificial intelligence company is IBM and Watson - you're seeing IBM go up and you'll see FLIR involved in this kind of technology and that will go up too.' Apple is a holding for Cramer's charitable trust, Action Alerts PLUS.
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.