Is D-Wave Quantum Stock a Buy Now?
Quantum computing stocks are hot. Just look at D-Wave Quantum (NYSE: QBTS). Its share price is up more than 1,000% over the past 12 months through the week ending Nov. 14.
D-Wave's stock gains are driven by the accomplishments attained with its annealing quantum computers. This technology focuses on optimization, which is ideal for building artificial intelligence models. Considering AI is a booming industry with years of growth ahead, D-Wave's shares could soar higher.
Does this mean the stock is a worthwhile investment at this time? To answer that question, here's a deeper look into the company.
Source Fool.com
