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.
- Nvidia (NVDA) – Nvidia is pairing its AI supercomputers with quantum tech. It recently launched a quantum research center in Boston and powers ABCI-Q, the world’s largest quantum research supercomputer in Japan. The stock has earned an analyst consensus of Strong Buy. Also, NVDA stock has a Smart Score of eight.
- Microsoft (MSFT) – MSFT aims to build a stable and reliable supercomputer, using a special type of qubit called a topological qubit, which helps reduce errors and improve performance. Interestingly, MSFT stock has an analyst consensus of Strong Buy and a Smart Score of eight.
- IBM (IBM) – IBM has made significant progress in quantum computing, focusing on scaling up qubit count, improving performance, and building a broad software ecosystem. IBM stock has an analyst consensus of Moderate Buy and a Smart Score of “Perfect 10.”
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