Is IonQ, Inc. (IONQ) The Best Hardware Stock To Buy Now?
From Yahoo Finance: 2025-04-14 15:33:00
IonQ, Inc. (IONQ) is compared against other best hardware stocks to buy now in the computer hardware industry. The market value was $714.8 billion in 2024 and is expected to reach $972 billion by 2029. The global PC market grew 1.8% in Q4 of 2024, reaching 68.9 million shipments.
PC shipments grew by 4.9% in Q1 of 2025 despite concerns about tariffs. IonQ, Inc. (IONQ) is a leading quantum computing company with 36 algorithmic qubits. Analysts project growth due to leadership changes and acquisitions. Wasatch Long/Short Alpha Fund sees potential in IonQ, Inc. (IONQ) due to Google’s new quantum chip.
IonQ, Inc. (IONQ) ranks 9th in the list of best hardware stocks to buy now. Despite growth potential, AI stocks are seen as more promising. Investors interested in AI stocks with significant upside should consider options trading at less than 5 times earnings. The best AI stocks to buy and stocks recommended by billionaires are also worth exploring.
Read more at Yahoo Finance: Is IonQ, Inc. (IONQ) The Best Hardware Stock To Buy Now?