From Nasdaq: 2025-02-15 10:37:00

Alphabet’s quantum computing breakthrough has sparked a surge in quantum computing stocks like Rigetti Computing (NASDAQ: RGTI). Rigetti’s performance chart shows a significant rise post-Google’s announcement but a drop after Nvidia CEO’s comments. The sector remains volatile, with investors waiting for clarity on quantum computing. Is Rigetti a buy?

Rigetti Computing aims to build powerful quantum computers, competing with high-performance computing. The company, with minimal revenue, plans to release a 100-qubit system by 2025. Analysts project revenue growth from $11 million in 2024 to $15.6 million in 2025. Despite potential, Rigetti’s sky-high valuation makes it highly speculative. Investors should tread carefully.

Looking for another chance at lucrative investments? The Motley Fool offers “Double Down” stock recommendations that have yielded impressive returns in the past for companies like Nvidia, Apple, and Netflix. Don’t miss this opportunity to potentially double down on rising stocks. Learn more and seize the moment before it’s too late.



Read more at Nasdaq: Is Rigetti Computing Stock a Buy?