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International Business Machines (IBM)

To Cramer, International Business Machines is a “classic American company.” Based in Armonk, N.Y., IBM provides a variety of information technology products and services, including everything from semiconductors to software.

On Tuesday, the tech company raised its quarterly cash dividend by 13 percent and expanded its share buyback program by $7 billion. In turn, Cramer expects the move could likely boost future earnings.

Photo: Jens Schlueter | Getty Images