If I Could Only Buy 1 Quantum Computing Stock, This Would Be It (Hint: It's Not IonQ)
Quantum computing is emerging as a popular new pocket of the artificial intelligence (AI) realm.
Over the last year, a quantum-computing-themed fund called the Defiance Quantum ETF has rocketed by 41%. Among some of the biggest contributors to these gains are popular quantum computing stocks such as IonQ, whose shares have soared by 394% over the last year -- as well as Rigetti Computing and D-Wave Quantum, both of which have witnessed share price gains in excess of 1,000%.
With such robust returns, these three red-hot quantum computing stocks might seem like no-brainers. Nevertheless, I have another company on my radar that I think will outperform these stocks in the long run.
Let's explore how Nvidia (NASDAQ: NVDA) is starting to emerge as an interesting opportunity in the quantum computing landscape. More importantly, I'll detail why the company is my top pick in the space and assess if the stock is a good buy right now.
