Quantum computing stocks have surged in popularity, riding the wave of the AI boom, driven by tech giants like Alphabet, Amazon, and Microsoft. While promising, mainstream adoption may take time, according to Morningstar analysts. Investors are advised to approach pure-play quantum stocks with caution and consider major cloud providers for exposure.

Morningstar’s analysts foresee a $200 billion market for quantum computing over the next 20 years, with potential applications in industries like chemicals, pharmaceuticals, finance, and cybersecurity. They recommend investors focus on long-term strategies and avoid expecting immediate returns from hot quantum stocks. Patience and a focus on the future are key in this early-stage technology sector.

Read more at Morningstar: Beyond AI: Are Quantum Stocks the Next Big Thing in Tech Investing?