From Nasdaq: 2024-12-12 15:05:00

1. Quantum computing is set to be the next big thing in 2025, with D-Wave Quantum Inc. (QBTS), Rigetti Computing, Inc. (RGTI), and IonQ, Inc. (IONQ) seeing significant gains. The global quantum computing market is valued at $1.3 billion and is expected to reach $5.3 billion by 2029 at a CAGR of 32.7%.
2. Quantum computing’s growth is being driven by its superiority over traditional computers in solving problems rapidly and efficiently. McKinsey predicts that by 2035, quantum computing will contribute $1.3 trillion to the economy, primarily due to applications in material science and pharmaceutical enhancements.
3. Quantum computing stocks have surged in the past three months, with the Defiance Quantum ETF (QTUM) outperforming the S&P 500 and Nasdaq Composite. Amazon’s Quantum Embark program and Alphabet’s potential breakthrough in quantum computing have boosted investor confidence in the sector.
4. D-Wave and Rigetti Computing are two quantum computing stocks to watch closely, with strong potential for growth. However, investing in IonQ may be risky due to high valuations. D-Wave and Rigetti Computing have a Zacks Rank #3 (Hold), while IonQ has a Zacks Rank #4 (Sell).
5. Zacks Investment Research is naming the top 10 stocks for 2025, providing investors with early insights into potential market performers. The Zacks Top 10 Stocks have historically outperformed the S&P 500, and the upcoming picks are eagerly anticipated for release on January 2.

Read more at Nasdaq: Top 2025 Tech Trend: Hold 2 Quantum Computing Stocks, Avoid 1