Is D-Wave Quantum a Millionaire-Maker Stock?
Quantum computing stocks have taken investors on a wild roller coaster ride over the past few weeks. This cohort has lost a ton of value during this time frame, although there were a few positive spikes along the way. This may have investors wondering if this is a smart buying opportunity, as these stocks have a ton of potential to skyrocket if their quantum computing solutions become widely adopted.
One stock that was hit particularly hard is D-Wave Quantum (NYSE: QBTS). D-Wave's stock sold off to start 2025 and hit a low of $3.83. However, it touched a new, all-time high of nearly $45 just a few weeks ago before falling to today's level of about $30 (although this price could change drastically within a few days). With D-Wave off about 25% from its all-time high, is now the time to scoop up shares in hopes of having the stock transform a meager investment into $1 million? Let's find out.
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Source Fool.com
