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.
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.
Booz Allen Hamilton (BAH) – BAH recently made a major move in the quantum sector by investing in SEEQC, a company specializing in scalable quantum computing hardware. The company aims to advance quantum technologies for national security, civil, and commercial applications. The stock has earned an analyst consensus of Moderate Buy. Also, BAH stock has a Smart Score of “Perfect 10.”
KLA Corporation (KLAC) – KLA provides advanced equipment and solutions to help build quantum devices. KLA’s expertise in precision metrology and inspection tools ensures the quality and reliability of quantum chips. Interestingly, the KLAC stock has an analyst consensus of Moderate Buy and has a Smart Score of eight.
IonQ (IONQ) – IonQ’s advanced trapped-ion technology helps solve complex problems more efficiently than classical computers. The company also disclosed plans to raise $500 million to fund its ongoing research and development efforts. IONQ stock has earned an analyst consensus of Strong Buy and has a Smart Score of nine.