Could Investing in This Quantum Computing Stock Be Like Buying Nvidia Prior to the Dawn of the Artificial Intelligence (AI) Revolution?
Investors have been looking beyond the "Magnificent Seven" stocks for opportunities in quantum computing.
Whenever a new megatrend emerges, it is not uncommon for small, previously little-known companies to suddenly become household names. Underneath the artificial intelligence (AI) umbrella, an area known as quantum computing has started receiving outsized attention.
On the surface, you might think that a hot new opportunity would lead to further conviction in AI's biggest players: Nvidia, Microsoft, Alphabet, or Amazon. But investors sometimes become exhausted with seeing the same names pop up over and over again, which leads them to start digging for new opportunities -- looking for the next big thing.
When it comes to quantum computing specifically, a small company known as IonQ (NYSE: IONQ) has swiftly become somewhat of a darling. While its shares have skyrocketed by 222% over just the last six months, CEO Niccolo de Masi just made a call for the ages -- potentially hinting that generational gains could be in store.
