Is IonQ Stock a Buy Now?
IonQ (NYSE: IONQ) has captured the attention of investors looking to play the long game in quantum computing. This nascent market, which is emerging as tech companies invest in entirely new ways of developing computer systems, has a lot of potential to grow. McKinsey estimates that it could be worth $2 trillion a decade from now.
But it's also highly speculative at the moment. , another important quantum computing player, recently said that a core benchmark used to test advanced quantum computers "has no known real-world applications."
IonQ's unique approach to developing quantum computers has helped propel the company's share price by more than 300% over the past 12 months. But is the stock a buy right now? Here's why I'm skeptical.
Source Fool.com
Alphabet Inc. C Stock
Currently there is a rather positive sentiment for Alphabet Inc. C with 66 Buy predictions and 5 Sell predictions.
As a result the target price of 367 € shows a positive potential of 24.41% compared to the current price of 295.0 € for Alphabet Inc. C.
