Quantum computing pure plays like IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. have seen massive gains, with some stocks surging up to 3,080% in the past year. However, history suggests a bubble may burst soon in the quantum computing sector.
Investors looking to capitalize on the quantum computing revolution should consider investing in a solid company with established operating segments, like Amazon. While quantum computing has immense potential, it is still in the early stages and may not deliver immediate profitability for pure-play stocks.
Amazon’s quantum computing service, Braket, provides access to quantum computers from IonQ and Rigetti Computing. With Amazon’s strong position in e-commerce and cloud services, investors can gain exposure to quantum computing without the risk of a bubble burst. Plus, Amazon stock is historically inexpensive, offering a smart way to invest in this growing trend.
Read more at NASDAQ.: This Is the Smartest Stock to Buy to Take Advantage of the Quantum Computing Revolution — and It Isn’t IonQ, Rigetti Computing, or D-Wave Quantum
