Quantum computing, though still in its early stages, is expected to be the next big revolution after artificial intelligence (AI). This emerging technology can tackle complex problems more quickly than traditional computers due to its ability to process information using quantum bits (qubits) instead of regular bits. Thus, investing in quantum computing stocks could give long-term investors a chance to benefit from new technology and market growth.
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To find such stocks, take a look at TipRanks’ Quantum Computing Stocks page. It allows you to compare stocks based on analyst consensus, price targets, and key technical indicators, among others. Today, we have picked stocks that carry an Outperform Smart Score (i.e., 8, 9, or 10) on TipRanks, which indicates that these stocks have the potential to beat the market.
Here are today’s top quantum computing stock picks. Click on any ticker to thoroughly research the stock before you decide whether to add it to your portfolio.
- Honeywell International (HON) – Honeywell’s quantum-computing business, Quantinuum, recently launched Helios, its most advanced quantum computer yet, with 48 logical error-corrected qubits and real-time classical-quantum control. The stock has earned an analyst consensus of Moderate Buy and has an upside potential of 27.68%. Also, HON stock has a Smart Score of eight.
- D-Wave Quantum (QBTS) – The company has launched its sixth-generation Advantage2 system with over 4,400 qubits, marking its most advanced and energy-efficient quantum computer to date. It also expanded globally with new partnerships in Europe and Asia, and secured $400 million in funding to scale operations. QBTS stock has an analyst consensus of Strong Buy, 73.54% upside potential, and a Smart Score of “Perfect 10.”
- RTX (RTX) – RTX is exploring quantum tech to improve defense systems. Also, it is working on quantum sensing, secure communications, and radar that could help detect threats more accurately and protect data in future military use. RTX stock has an analyst consensus of Strong Buy and a Smart Score of “Perfect 10.” The stock has an upside potential of 13.88%.
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