Not IonQ. Not D-Wave. This Magnificent Quantum Computing Stock Is the One to Own for the Long Haul.
IonQ and D-Wave are two popular pure play quantum computing stocks.
Overview
Quantum computing could become one of the next great markets to disrupt artificial intelligence (AI). That possibility has sent investors on a quest to find the next Nvidia. Two stocks that have emerged as quantum computing discussions become increasingly popular are IonQ (NYSE: IONQ) and D-Wave Quantum (NASDAQ: QBTS).
Both companies are making respectable technological progress, but investors need to separate exciting promises from a proven business model. Neither IonQ nor D-Wave is profitable, and both must spend heavily to advance product roadmaps whose biggest commercial opportunities are still years away.
Details
Most investors probably don't realize that Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) already owns one of the world's most advanced quantum research labs. Unlike the pure plays, Alphabet doesn't need quantum computing to pay off anytime soon to justify its valuation. That's precisely why I think Alphabet is the best quantum computing stock to own for the long run.
Source
Originally published at www.fool.com.