Quantum computing stocks, including IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc., have seen impressive gains of up to 810% in the past year. However, during the third quarter, Wall Street fund managers avoided pure-play quantum computing stocks.

Investors are eyeing a company with a virtual monopoly in quantum computing that has developed a quantum processing unit. Despite AI’s popularity, quantum computing has taken the spotlight in 2025.

Institutional investors filed Form 13Fs, revealing stock activity. Billionaires are showing interest in quantum computing, with Google’s parent company, Alphabet, being a top choice for 2026.

Quantum computing stocks come with significant risks, including early-stage commercialization, ongoing losses, and high valuation ratios. First-mover advantage may not be sustainable for these companies.

Alphabet emerges as a key player in quantum computing, with billionaire investors favoring its stock for 2026. Its dominance in internet search, YouTube, and cloud services positions it as a strong investment choice.

Alphabet’s development of a quantum processing unit and substantial cash reserves make it an attractive investment for billionaires. Its diversified revenue streams and growth potential set it apart from other quantum computing stocks.

Consider investing in Alphabet, as it offers a solid foundation and growth opportunities in quantum computing and other sectors. The company’s strong financial position and market dominance make it a top choice for investors.

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Read more at Nasdaq: This Is the Quantum Computing Stock Billionaires Want to Own for 2026 (Even Warren Buffett) — and It’s Not IonQ, Rigetti Computing, or D-Wave Quantum