Is IonQ the Top Quantum Computing Stock to Buy Now?
Quantum computing investing was all the rage in late 2024 after 's Google's Willow Chip took the world by surprise. This chip's breakthrough caused many investors to flock to quantum computing stocks, and many, like IonQ (NYSE: IONQ), posted unbelievable gains in just one month.
Nvidia CEO Jensen Huang threw cold water on this hot movement, recently, stating that "useful" quantum computing could be 15 to 30 years away. That's just too long of a time frame for investors, and it caused this industry to sell off.
However, IonQ has rebounded from the fall, sitting around 20% off of its all-time high after being down nearly 50%. With that kind of jump, it's clear that investors have a lot of faith in IonQ. But is it still a buy?
Source Fool.com
Alphabet Inc. C Stock
€154.04
1.160%
The stock is one of the favorites of our community with 37 Buy predictions and 4 Sell predictions.
With a target price of 194 € there is a positive potential of 25.94% for Alphabet Inc. C compared to the current price of 154.04 €.
