Is Quantum Computing Stock a Buy Right Now?
Over the last few months, a new theme has emerged in the artificial intelligence (AI) realm. Quantum computing has attracted a lot of enthusiasm from investors, and several companies attempting to commercialize and advance this cutting-edge technology have experienced rapid gains in their stock prices.
One such company, aptly called Quantum Computing (NASDAQ: QUBT), has recently come into the spotlight: In the last three months, its shares have soared by about 2,400%. Yet despite the potential for quantum computing (the technology) in the overall digital landscape, I have some major questions about Quantum Computing (the company). Is it actually on the verge of playing a leading role in AI's next big megatrend, or is it a stock that should best be avoided for now?
It's rare for a stock to rise as much as Quantum Computing stock has during such a short time period. It's even more unusual when the company in question is relatively unknown -- which is the case here. After digging through some of Quantum Computing's filings with the Securities and Exchange Commission (SEC), I think my suspicions are valid.
Source Fool.com
