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Is IonQ Stock a Buy Now?

TheMotleyFool

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Many quantum computing stocks have seen massive gains in the past year, including IonQ (NYSE: IONQ). Its shares surged by more than 450% in the last 12 months through the week ending Aug. 8.

IonQ has lofty goals: It aspires to become the Nvidia of quantum computing. Just as Nvidia provides components critical to today's most advanced computer systems, IonQ seeks to fill the same role by providing the quantum devices of the future.

If it can achieve its objectives, the stock could soar. But is now a good time to scoop up shares?

Source Fool.com

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