Why Buy QBTS & IONQ Stocks After NVIDIA CEO’s Remarks?
From Nasdaq: 2025-06-12 15:00:00
NVIDIA CEO Jensen Huang shows optimism about the quantum computing industry, emphasizing its potential for real-world impact. Stocks like D-Wave Quantum Inc. and IonQ, Inc. are gaining attention. Quantum computing is projected to be a $2 trillion market by 2035, with stocks like Defiance Quantum ETF outperforming the S&P 500 this year.
D-Wave Quantum and IonQ are recommended quantum computing stocks to watch. D-Wave Quantum saw a 509% revenue increase year over year, while IonQ reduced losses and posted significant revenues. Both companies have a Zacks Rank #2 (Buy) and are expected to have impressive earnings growth rates this year.
Looking for potential stock picks set to double in 2024? Zacks experts have selected 5 stocks with the potential to gain over 100%, offering a chance to capitalize on under-the-radar opportunities. Previous recommendations have seen significant growth, making these picks worth considering.
For more information and detailed analysis on these stocks, you can access free stock analysis reports on Lockheed Martin Corporation, NVIDIA Corporation, Defiance Quantum ETF, IonQ, Inc., and D-Wave Quantum Inc. provided by Zacks Investment Research. Consider the insights and recommendations when making investment decisions.
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