Top Quantum Computing Stocks

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Top Quantum Computing Stocks

Top 2 Quantum Computing Stocks

Quantum computing is getting a lot of hype recently, as many believe it is the next big thing. But it appears that investors are picking small quantum computing stocks as compared to more established players.

For example, many are buying the stocks for IonQ, Rigetti Computing, and so on. However, there are actually safer options like Alphabet (GOOG) and Microsoft (MSFT).

Microsoft And Alphabet Are Better Options

The best part about these 2 companies is that they have an established cash flow. So, they don't need to disclose every single news item to attract new investors. Instead, these firms only make announcements when they have made a significant breakthrough.

This approach makes Microsoft and Alphabet more stable companies than Rigetti Computing or IonQ. So, for those who want to get exposure to quantum computing without too much volatility, then Microsoft and Alphabet are the better options.

Alphabet recently announced that it has managed to run the first algorithm on a quantum computer. The test also proved that quantum computing was much more efficient than traditional computing.

Similarly, Microsoft has also announced a new custom quantum computing chip called Majorana 1. According to the firm, they have managed to create a tech that will allow them to scale without any iteration of architecture.

Given the massive cash flows and the funding of these firms, it is a no-brainer to pick them over small and mid-cap stocks!

In fact, the already established tech firms have more money they put into quantum computing. Also, they are in a position to even acquire other quantum computing firms, which will give them a head start.

So, when it comes to picking a quantum computing stock that's safe and also doesn't expose to excessive volatility, then Microsoft and Alphabet are the winners.

The best part is that Microsoft and Alphabet also have a lot of different businesses. So, picking these stocks also gives you more diversification than picking purely quantum computing stocks.

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