Want to Invest in Quantum Computing Before It Goes Mainstream? Start With These 3 Stocks. - The Motley Fool
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Quantum computing is a rapidly emerging technology that uses the laws of quantum mechanics to speed up calculations and potentially solve problems too complex for classical computers. There is a lot of potential behind this technology, and several companies are vying to be the first to put it to take it mainstream. If you want to invest in quantum computing before it goes mainstream, there are a few good options. Let's look at three top quantum computing stocks to consider. Image source: Getty Images. IonQ One of the biggest issues with quantum computing right now is that it is still error-prone, but IonQ (IONQ 1.67%) is one of the companies at the forefront of quantum accuracy, getting there through its trapped-ion technology. IonQ uses actual atoms for its qubits, which are identical by nature and thus more stable building blocks for generating quantum calculations than the fabricated ones most competitors use. That, in combination with the electronic quantum core (EQC) technology it acquired from Oxford Ionics, has helped it achieve 99.99% 2-qubit gate fidelity, making it an accuracy leader in the field. CollapseIONQNYSE: IONQIonQToday's Change(-1.67%) $-0.46Current Price$27.05IONQYTD1w1m3m6m1y5yPriceVS S&PKey Data PointsMarket Cap$10BDay's Range$26.99 - $28.1652wk Range$18.81 - $84.64Volume102KAvg Vol21MGross Margin-2267.11% Throw in the company's pending acquisition of quantum foundry SkyWater to control its chip manufacturing and other deals throughout the quantum ecosystem, and IonQ is a top player in the space. Ad Limited-Time Offer: Top Card Now Offers $250 Bonus Our experts' top-rated cash back card just got even better. For a limited time, earn a $250 bonus after spending just $500 in the first 3 months. Plus, earn unlimited cash back and pay 0% intro APR until well into 2027. Don't wait — this offer ends soon. Click here to see the card D-Wave Quantum With D-Wave Quantum (QBTS 2.73%), investors are getting a company that is approaching quantum computing from two different angles. The company is a leader in quantum annealing, a specialized field within quantum computing focused on solving optimization problems. The technology is not as complex as a gate-based quantum system and thus is further along in commercialization. The company has a number of commercial customers, and its D-Wave Advantage2 system is gaining momentum. CollapseNYSE: QBTSD-Wave QuantumToday's Change(-2.73%) $-0.38Current Price$13.52QBTSYTD1w1m3m6m1y5yPriceVS S&PKey Data PointsMarket Cap$5.1BDay's Range$13.51 - $13.8952wk Range$5.77 - $46.75Volume55KAvg Vol30MGross Margin82.59% At the same time, D-Wave has started to go after the more traditional gate-based quantum system through its acquisition of Quantum Circuits and its dual-rail technology. It claims this technology could have the speed of superconducting qubits with the fidelity of trapped-ion technology, which would be a game-changer if that proves to be the case. Will AI create the world's first trillionaire? One little-known company, called an "Indispensable Monopoly" owns the technology Nvidia, AMD, and Intel cannot function without. And it is still just a fraction of Nvidia’s size. We just released a brand-new report with the full story and the company’s name. Continue › IBM If you're looking for a safer way to invest in quantum computing without investing in a start-up with minimal revenue, IBM (IBM 2.21%) is a great choice. While IBM is known to many as an old-school mainframe computing company, don't let that fool you; the company is also at the forefront of quantum computing, and it is a big focus, not just a side project. CollapseNYSE: IBMInternational Business MachinesToday's Change(-2.21%) $-5.33Current Price$236.34IBMYTD1w1m3m6m1y5yPriceVS S&PKey Data PointsMarket Cap$222BDay's Range$233.75 - $239.4452wk Range$214.50 - $324.90Volume14KAvg Vol5.8MGross Margin57.59%Dividend Yield2.84% The company's Qiskit software platform is one of the primary platforms for quantum research, and while it is open source, it is optimized for the company's hardware. At the same time, IBM is developing two quantum chips: Nighthawk and Loon. With Nighthawk, it will look to achieve a quantum advantage by year-end. Meanwhile, Loon is a specialized chip that will be able to reset failed qubits during a calculation without stopping. That would be a huge accomplishment if it works and could help lead to a fault-tolerant quantum system.