Is Rigetti Computing Inc. (RGTI) the Best Debt-Free IT Stock to Buy Under $10?
From Yahoo Finance: 2025-04-01 12:59:00
In a list of the 10 Best Debt-Free IT Stocks to Buy Under $10, Rigetti Computing Inc. (NASDAQ:RGTI) stands out. Debt can offer cheaper financing options, but it comes with risks like fixed costs and interest rates. With growing bankruptcies and rising interest rates, investing in financially stable, debt-free companies is crucial. CNBC reported a surge in corporate bankruptcies, surpassing even pandemic levels, due to increased interest rates. As interest rates remain high, investing in debt-free stocks may be a wise choice in volatile times. Rigetti Computing Inc. (NASDAQ:RGTI) is a quantum computing company with an Enterprise Value of $2.4 billion, Market Cap of $2.6 billion, and 17 hedge fund holders. Despite market volatility, the company remains focused on its long-term goals and has a positive outlook. Rigetti ranks 10th on the list of best debt-free IT stocks under $10.
Read more at Yahoo Finance: Is Rigetti Computing Inc. (RGTI) the Best Debt-Free IT Stock to Buy Under $10?