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Is D-Wave Quantum a Buy?


Quantum computing's potential to accelerate complex computations opens a new frontier of technological innovation. Investors have piled into quantum computing stocks in anticipation of the investment opportunities quantum computing could create over the next decade.

D-Wave Quantum (NYSE: QBTS), an early-stage quantum computing company that's begun ramping up its commercial operations, has been one of the hottest names in the space. Shares of D-Wave Quantum have traded between $12 and $46 over the past year and currently sit somewhere near the middle at $24 per share. With the business building momentum, is the stock a buy now? Here's why investors may want to hold off for now.

Image source: Getty Images.

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Source Fool.com

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