3 Quantum Computing Stocks to Buy for the Next Bull Run: February 2024 – InvestorPlace
Quantum computing stocks stand out as symbols of innovation in a tech world that is quickly changing. They promise to push the limits of processing power and computer efficiency. As investors look for more ground-breaking quantum technology investments, these stocks become more appealing.
The quantum computing market is undergoing rapid growth and transformation. As a result of the rapid expansion, new growth areas are cropping up at every moment. As a savvy investor, we need to make sure we can take advantage of these opportunities.
You need to know a lot about how much money is spent on quantum research and development and how the market for quantum computers is changing to get around in this new field. Market predictions for this creative new area are going through the roof as more money comes in from both the public and private sectors.
Hence, with each step forward, quantum computings promise grows, calling for a closer look at how it will change the tech world and other fields. Keeping this in mind, let us explore three big players in the quantum computing stocks space.
Source: Laborant / Shutterstock.com
IBM (NYSE:IBM) is a leader in quantum computing, which is a new and exciting field. The IBM Quantum Heron engine that it just released is a big step forward. The company that made this processor says it has increased the rate of mistake reduction by five times. This kind of useful improvement is necessary to make sure that any solution is reliable.
The IBM Quantum System Two was also shown. This amazing flexible quantum computer was an idea that IBM came up with to make quantum computing more scalable. It started using three Heron computers in its work, showing that it was open to new technology.
IBMs plan for quantum computing is both useful and far-fetched. Its main goal is to make the gate operations better, which will make the quantum circuit bigger. Thats how the full promise of quantum computing will be used in the end.
IBM released Qiskit 1.0, which made quantum computing easier to use from a software point of view. Quartz devices are easy to run with this open-source software. It is a step toward democracy in the quantum world.
In conclusion, IBM is changing the future of quantum computing by developing a worldwide ecosystem that improves researcher cooperation and helps companies solve difficult problems quickly. Through its strategic relationships with academic, scientific, and industry institutions, IBM takes the lead in the realm of quantum computing. Notably, these collaborations serve to enhance innovation and, consequently, could significantly accelerate the acceptance and further development of quantum computing. This, in turn, solidifies and reinforces IBMs dominant position in this rapidly evolving and fascinating field.
Source: Shutterstock
IonQ (NYSE:IONQ) has done something amazing that makes it stand out in the world of quantum computing. The IonQ Forte device from the company had 35 computational qubits. It took a whole year longer than planned to reach this goal. Its a big step forward for quantum computers.
This new information puts IonQ at the top of the list of stocks for quantum computing. The improved system can work with quantum devices that are bigger. For this reason, it works great for complicated tasks in quantum machine learning and science.
IonQs success comes from the way it optimizes everything. Both hardware and software got better. The company added more qubits and made a quantum program generator that works better.
IonQs dedication to accuracy is shown by the use of the AQ measure. It lets the machine look into more than 34 billion possible outcomes. This makes it possible for quantum computing to go in new directions.
The progress made by IonQ has wide-ranging effects. More complicated devices and programs can be run with their help. You can use the companys technology on all the big cloud systems.
Altogether, IonQs accomplishments show how important it is to bring quantum computing into the business world. The companys progress essentially shows how quantum computing will be used to solve hard tasks in the future. IonQs journey shows how committed it is to being innovative and the best in the area of quantum computing.
Source: Amin Van / Shutterstock.com
Rigetti Computing (NASDAQ:RGTI) is at the forefront of the quantum computing field and is known for always making progress. It also just recently released the Ankaa-2 System, which is a big step forward. This cutting-edge system is 2.5 times better than the ones that came before it, showing how quickly quantum technology is developing. You can use Rigetti Quantum Cloud Services to reach the 84-qubit Ankaa-2. It has an amazing 98% two-qubit accuracy, which sets a new bar for speed and stability in quantum computing.
Additionally, Rigetti has started a new project with the help of an Innovate UK grant. The main goal of this project is to create quantum machine learning methods for looking at streams of financial data. This partnership shows that Rigetti is serious about using quantum computing for useful purposes in the real world.
In summary, these new developments show how hard Rigetti is working to be the best among quantum computing stocks. With each new invention, the limits of what is possible are pushed further. In addition, quantum technologies are also ready to solve difficult problems in many fields. Rigetti wants to improve quantum computing technology because its unique work keeps moving the field forward.
On the publication date, Faizan Farooque did not hold (directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.
Faizan Farooque is a contributing author for InvestorPlace.com and numerous other financial sites. Faizan has several years of experience in analyzing the stock market and was a former data journalist at S&P Global Market Intelligence. His passion is to help the average investor make more informed decisions regarding their portfolio.
Read more:
3 Quantum Computing Stocks to Buy for the Next Bull Run: February 2024 - InvestorPlace
- D-Wave and Davidson Technologies Near Completion of Quantum Computer - insideHPC - April 27th, 2025 [April 27th, 2025]
- Why startups and tech giants are racing to build a practical quantum computer - CNBC Africa - April 27th, 2025 [April 27th, 2025]
- D-Wave and Davidson Technologies Near Installation Completion of Alabamas First On-Site Annealing Quantum Computer - Yahoo Finance - April 25th, 2025 [April 25th, 2025]
- IQM to install Polands first superconducting quantum computer - The Next Web - April 25th, 2025 [April 25th, 2025]
- IQM to Deploy Polands First Superconducting Quantum Computer - Business Wire - April 25th, 2025 [April 25th, 2025]
- Poland installs its first superconducting quantum computer - Tech.eu - April 25th, 2025 [April 25th, 2025]
- A quantum internet is much closer to reality thanks to the world's first operating system for quantum computers - Live Science - April 23rd, 2025 [April 23rd, 2025]
- Where Will Rigetti Computing Be in 10 Years? - Yahoo Finance - April 23rd, 2025 [April 23rd, 2025]
- D-Wave and Davidson Near Installation Completion of Alabamas First On-Site Annealing Quantum Computer - HPCwire - April 23rd, 2025 [April 23rd, 2025]
- Quantum Computer Breakthrough: Fujitsu and RIKEN Lead the Way - JAPAN Forward - April 23rd, 2025 [April 23rd, 2025]
- Fujitsu and RIKEN develop world-leading 256-qubit superconducting quantum computer - Capacity Media - April 23rd, 2025 [April 23rd, 2025]
- 3 Reasons to Buy This Artificial Intelligence (AI) Quantum Computing Stock on the Dip - Yahoo Finance - April 23rd, 2025 [April 23rd, 2025]
- New Mexico Wants to Be the Heart of Quantum Computing - WSJ - April 23rd, 2025 [April 23rd, 2025]
- IonQ and Toyota Tsusho Align to Distibute Quantum Computing Solutions Across Japanese Industries - The Quantum Insider - April 23rd, 2025 [April 23rd, 2025]
- Where Will Rigetti Computing Be in 10 Years? - The Motley Fool - April 23rd, 2025 [April 23rd, 2025]
- EeroQ Named The 2025 MSU Startup Of The Year - Yahoo Finance - April 23rd, 2025 [April 23rd, 2025]
- New QPU benchmark will show when quantum computers surpass existing computing capabilities, scientists say - Live Science - April 23rd, 2025 [April 23rd, 2025]
- "We've Reached the Future": Xanadu Unleashes the First Scalable Photonic Quantum Computer, Redefining Tech Boundaries in a $100 Billion Race... - April 23rd, 2025 [April 23rd, 2025]
- Fujitsu and Riken develop world-leading quantum computer - The Japan Times - April 23rd, 2025 [April 23rd, 2025]
- No Killer App Yet? Why Quantum Needs Theorists More Than Ever - The Quantum Insider - April 23rd, 2025 [April 23rd, 2025]
- Rigetti, Riverlane, and NQCC Awarded 3.5M ($4.7M USD) Innovate UK Grant to Advance Real-Time Quantum Error Correction - Quantum Computing Report - April 23rd, 2025 [April 23rd, 2025]
- The key to 'cat qubits' 160-times more reliable lies in 'squeezing' them, scientists discover - Live Science - April 23rd, 2025 [April 23rd, 2025]
- The mind-bending innovations that built quantum computing - C&EN - April 23rd, 2025 [April 23rd, 2025]
- Mysterious phenomenon first predicted 50 years ago finally observed, and could give quantum computing a major boost - Live Science - April 23rd, 2025 [April 23rd, 2025]
- Big Tech has officially entered its quantum era here's what it means for the industry - Business Insider - April 23rd, 2025 [April 23rd, 2025]
- This Is My Top Quantum Computing Stock for 2025, and It's Not IonQ or Rigetti Computing - The Motley Fool - April 23rd, 2025 [April 23rd, 2025]
- How Urgent Is The Quantum Computing Risk Facing Bitcoin? One Team Is Putting 1 BTC Up For Grabs To Find Out - Benzinga - April 23rd, 2025 [April 23rd, 2025]
- Classiq and Wolfram Join CERNs Open Quantum Institute to Advance Hybrid Quantum Optimization for Smart Grids - Quantum Computing Report - April 23rd, 2025 [April 23rd, 2025]
- New quantum breakthrough could transform computing and communication - The Brighter Side of News - April 23rd, 2025 [April 23rd, 2025]
- Benchmarking the performance of quantum computing software for quantum circuit creation, manipulation and compilation - Nature - April 23rd, 2025 [April 23rd, 2025]
- A new hybrid platform for quantum simulation of magnetism - Google Research - April 23rd, 2025 [April 23rd, 2025]
- Why CoreWeave, Quantum Computing, and Digital Turbine Plunged Today - The Motley Fool - April 23rd, 2025 [April 23rd, 2025]
- The race is on for supremacy in quantum computing - The Times - April 23rd, 2025 [April 23rd, 2025]
- Project 11 challenges everyone to crack the Bitcoin key using a quantum computer. The reward is 1 BTC - Crypto News - April 23rd, 2025 [April 23rd, 2025]
- 7 Reasons You Should Care About World Quantum Day - Maryland Today - April 16th, 2025 [April 16th, 2025]
- Want to Invest in Quantum Computing? 3 Stocks That Are Great Buys Right Now. - Nasdaq - April 16th, 2025 [April 16th, 2025]
- Quantum utility is at most 10 years away, industry experts believe - The Next Web - April 16th, 2025 [April 16th, 2025]
- We stepped inside IQMs quantum lab to witness a new frontier in computing - The Next Web - April 16th, 2025 [April 16th, 2025]
- Quantum Shift: Rewiring the Tech Landscape - infoq.com - April 16th, 2025 [April 16th, 2025]
- Roadmap for commercial adoption of quantum computing gains clarity - Computer Weekly - April 16th, 2025 [April 16th, 2025]
- Want to Invest in Quantum Computing? 3 Stocks That Are Great Buys Right Now. - The Motley Fool - April 16th, 2025 [April 16th, 2025]
- Quantum walks: What they are and how they can change the world - The Brighter Side of News - April 16th, 2025 [April 16th, 2025]
- A timeline of the most important events in quantum mechanics - New Scientist - April 16th, 2025 [April 16th, 2025]
- Crafting the Quantum Narrative: A How-To for Press Releases - Quantum Computing Report - April 16th, 2025 [April 16th, 2025]
- IonQ signs MOU with Japans G-QuAT to expand access to quantum computing and strengthen APAC collaboration - The Quantum Insider - April 16th, 2025 [April 16th, 2025]
- Preparing for quantum advantage while addressing its unique threat to cybersecurity - SDxCentral - April 16th, 2025 [April 16th, 2025]
- IONQ of the U.S., a leading company in quantum computing, will develop quantum network technology in.. - - April 16th, 2025 [April 16th, 2025]
- Impact of tariffs on tech prices, the promise of quantum computing, and new state historic places - WPR - April 16th, 2025 [April 16th, 2025]
- 1 No-Brainer Quantum Computing Stock Down 60% to Buy on the Dip in 2025 - 24/7 Wall St. - April 16th, 2025 [April 16th, 2025]
- Physicists put Schrdinger's cat in a microwave and the quantum experiment actually worked - Yahoo - April 12th, 2025 [April 12th, 2025]
- A week at Yale devoted to quantum, quantum, and more quantum - Yale News - April 12th, 2025 [April 12th, 2025]
- US military launches initiative to find the best quantum computer - New Scientist - April 12th, 2025 [April 12th, 2025]
- Proving quantum computers have the edge - Phys.org - April 12th, 2025 [April 12th, 2025]
- 3 Quantum Computing Stocks Poised for Explosive Growth - The Motley Fool - April 12th, 2025 [April 12th, 2025]
- DARPA begins scaling a quantum computer with 15 companies - Nextgov - April 12th, 2025 [April 12th, 2025]
- New DARPA Initiative Challenges the Creation of Operational Quantum Computers - AFCEA International - April 12th, 2025 [April 12th, 2025]
- Qolab Spearheads Hardware Development for DARPA's Quantum Benchmarking Initiative - Business Wire - April 12th, 2025 [April 12th, 2025]
- Want to Invest in Quantum Computing? 3 Stocks That Are Great Buys Right Now - The Globe and Mail - April 12th, 2025 [April 12th, 2025]
- A Useful Quantum Computer Within 10 Years? DARPA, 2 Australian Startups & More Are Working On It - TechRepublic - April 12th, 2025 [April 12th, 2025]
- Where Schrdingers cat came from and why its getting fatter - New Scientist - April 12th, 2025 [April 12th, 2025]
- Rigetti and IonQ Selected for U.S. Quantum Initiative. Moving From Hype to Prototype. - Barron's - April 12th, 2025 [April 12th, 2025]
- A Tangled Benchmark: Using the Jones Polynomial to Test Quantum Hardware at Scale - The Quantum Insider - April 12th, 2025 [April 12th, 2025]
- The dream of quantum computing is closer than ever | The Excerpt - USA Today - April 12th, 2025 [April 12th, 2025]
- Analysts Still Have a Near-Perfect Rating on This Strong Buy Quantum Computing Stock - The Globe and Mail - April 12th, 2025 [April 12th, 2025]
- Building Indias First Quantum Computer, a Foreign-Returned Physicist Battles the Bureaucracy - outlookbusiness.com - April 12th, 2025 [April 12th, 2025]
- Quantum computing drives innovation in AI and cloud tech - SiliconANGLE - April 12th, 2025 [April 12th, 2025]
- Delfts Quantware paves the way to the million-qubit quantum computer - Bits&Chips - April 8th, 2025 [April 8th, 2025]
- What's Going On With IonQ Stock Today? - Benzinga - April 1st, 2025 [April 1st, 2025]
- Quantum computer solves optimization problem at Ford's assembly line - Interesting Engineering - April 1st, 2025 [April 1st, 2025]
- Finnish Quantum Startup IQM in Talks to Raise Over 200 Million - Bloomberg.com - April 1st, 2025 [April 1st, 2025]
- Quantum Computing Approach Generates First Ever Truly Random Number - Discover Magazine - April 1st, 2025 [April 1st, 2025]
- National Quantum Computing Centre Launches Insights Paper Exploring Quantum Computings Transformative Potential in Healthcare and Pharmaceuticals -... - April 1st, 2025 [April 1st, 2025]
- JPMorganChase, Quantinuum, Argonne National Laboratory, Oak Ridge National Laboratory and University of Texas at Austin advance the application of... - April 1st, 2025 [April 1st, 2025]
- Certified randomness using a trapped-ion quantum processor - Nature - April 1st, 2025 [April 1st, 2025]
- What's Going On With Quantum Computing Stock Today? - Benzinga - April 1st, 2025 [April 1st, 2025]
- D-Wave Pushes Back At Critics, Shows Off Aggressive Quantum Roadmap - The Next Platform - April 1st, 2025 [April 1st, 2025]
- Quantum Computing Inc. Secures Quantum Photonic Vibrometer Order with Delft University of Technology - Yahoo Finance - April 1st, 2025 [April 1st, 2025]
- How quantum cybersecurity changes the way you protect data - TechTarget - April 1st, 2025 [April 1st, 2025]
- Pasqal Selected for 140-Qubit Quantum Computer to Be Hosted at CINECA - insideHPC - April 1st, 2025 [April 1st, 2025]
- D-Wave and Japan Tobacco use quantum to build a better AI model for drug discovery - SiliconANGLE - April 1st, 2025 [April 1st, 2025]