Is IonQ Stock a Buy?
E-commerce, cloud computing, artificial intelligence (AI). What's the next big thing? Many investors are betting that it will be quantum computing.
Sure, quantum computing stocks have sold off this year as the broader market tumbled. IonQ (NYSE: IONQ), one of the industry's leaders, is down more than 30%. However, the stock has still more than tripled over the last 12 months. Is IonQ stock a buy on the pullback?
A critical factor in determining whether or not to buy IonQ is appreciating the promise of quantum computing. You don't have to fully understand the technology to gain this appreciation, but a little background might help.
Source Fool.com
