$2 Stock with Key to Google's Growth Plan
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Investors are focusing on the wrong thing. While all the attention is focused on AI, the trend hidden under the surface has nothing to do with it. And one company has a chip that could outright beat NVDA's in the coming months and hand investors absurd gains in the process… My conviction level on this play it as at an all-time high. 2 FANMAG companies are racing to capture this innovation, but they will need this $2 stock's patented “key” before those companies can scale this technology where they want to. So click here and find out why this $2 stock is unlikely to be $2 for very long.
Top Quantum Computer Stocks For 2024
Quantum computers are the biggest computer hardware innovation in decades.
They harness the principles of quantum mechanics to process information in ways that classical computers can't. This allows them to solve complex problems much faster than traditional computers. They can, for example, simulate molecules and materials at the quantum level, which could revolutionize drug discovery and material design.
Quantum computers are set to transform countless industries. It's a whole new frontier in computing that could unlock answers to questions we don't even know to ask yet…
The businesses creating this new technology are positioned to benefit greatly due to the transformative potential it holds across various industries. As these companies develop, they are on track to provide the necessary hardware and software solutions that make quantum computing accessible, offering immense value to sectors like pharmaceuticals, finance, and cybersecurity.
This new tech is also disrupting the cybersecurity industry by breaking many of the encryption methods we currently rely on. This technological edge could lead to significant market advantages and potentially high financial returns for investors betting on the quantum leap.
As the technology advances and becomes more integrated into commercial applications, these companies are set to benefit from partnerships, government funding, and grants aimed at accelerating quantum computing research and development. Australia just announced its investing $1 billion to fund quantum computer research and the U.S. has already invested $932 million.
The early movers in this space not only get a head start in refining the technology but also in establishing critical intellectual property, which could be lucrative as demand for quantum computing solutions grows. Quantum computing stocks offer the chance to invest in the cutting edge of a world changing technology.
Here are some of the top quantum computer stocks today:
Pick #1: D-Wave Quantum (QBTS)
Although this $1 stock is small and less known, D-Wave Quantum has already closed an agreement with one of the largest financial institutions globally, BBVA. It’s creating a brand known for enterprise quantum computing solutions and the numbers prove it's on the right track.
“The company increased its revenue by 51% during the third quarter, reaching $2.6 million,” InvestorPlace.com reported recently.
Most importantly, it’s making progress with its quantum computing technology. D-Wave Quantum is developing higher quality quantum bits, the key properties that allow quantum computers to perform complex calculations that are beyond the reach of the computers we use today. This $1 stock could be a cheap yet high-growth potential way to get in on the next generation of computer hardware.
Pick #2: Arqit Quantum (ARQQ)
Arqit Quantum trades for just 50 cents a share today, with a market cap of only $80 million. That’s over 32,000-times smaller than the size of Apple. And yet, this 50 cent stock could change modern computer hardware forever.
The company is using quantum computing to create highly secure cybersecurity. Its “lead product is called QuantumCloud which provides security through quantum encryption. That product relies on something called Quantum cryptography which purports to be unhackable,” InvestorPlace.com reported.
This is an extremely high-risk, high-reward trade, because Arqit Quantum is undergoing massive change. Its original business model relied on direct enterprise sales which generated $7.2 million in 2022, but it recently switched to a “platform as a service” business model. This resulted in a dip in total revenue which is still being worked out.
Shares soared as high as 350% at one point, then crashed. If you buy this stock, only do so if you have the patience to see it work through these recent set-backs, and have the stomach for lots of volatility in its share price.
Pick #3: IBM (IBM)
IBM is at the forefront of the $6.5 billion quantum computing revolution, far out ahead of nearly all others.
It was one of the first to offer quantum computing services via the cloud, which allows people to run real quantum experiments without actually owning this futuristic hardware. This is only possible because of a data center IBM created in New York, now the company is building its second data center in Germany, unleashing this advanced technology into a new phase.
In 2021, the Cleveland Clinic partnered with IBM so patients could benefit from this new technology. “It’s all about the ability to access greater volumes of data at higher speeds. That’s the promise of quantum computing and it’s certainly very applicable in data rich fields such as healthcare,” InvestorPlace.com said.
But healthcare is just the start, quantum computers will soon spread to every data-rich industry. IBM shares are up over 500% in 5 years and the quantum computing revolution is just getting started. However, because it has a $153 billion market cap, it may see the smallest gains potential of any stock on this list.
Our Top Pick: Jeff Bezos Next Trillion Dollar Bet (Shocking)
If you've followed Jeff Bezos you know he's made a career out of spotting breakthrough technology long before his competitors…
Whether it was the internet in 1994…
Cloud computing in 2006…
Or Alexa and A.I. in 2014…
Bezos made himself the richest man in the world by looking around corners and spotting trends years ahead of everyone else…
And on December 31st, 2021, Bezos has done it again…
He's gone all in on the biggest tech breakthrough in history…
And before you start guessing, this has nothing to do with A.I. or ChatGPT…
Instead, it has to do with a technology Bank of America called,
“Bigger than fire and bigger than all the revolutions that humanity has seen.”
And this technology is going to change everything…
99% of Americans have no idea of what's about to happen…
