Quantum computing is set to revolutionize computation by speeding up processes exponentially compared to standard computers. However, there is still uncertainty surrounding the viability of some quantum computing technologies, making investors cautious when selecting pure-play quantum computing stocks. Some investors believe quantum computers will eventually replace traditional computers in many settings due to their increased computing power. IBM is a leader in quantum computing, recently unveiling the advanced IBM Nighthawk system with 120 qubits. While the potential of quantum computing is significant, investing in IBM provides stability with its diverse revenue streams from software, consulting, and hardware, including a focus on artificial intelligence. IBM’s stock has risen over 37% this year, reflecting investor confidence in its transformation. It’s important to consider the risks and rewards before investing in International Business Machines, as some analysts suggest looking into other potentially high-performing stocks.
Read more at Yahoo Finance: Forget Rigetti Computing and Buy This Safer Quantum Stock Instead
