Where Will Rigetti Computing Stock Be in 3 Years?
The stock has had impressive gains over the past three years, but recreating that success will be very hard.
Overview
While quantum computing doesn't yet have widespread practical applications, the technologies involved with it are improving. Artificial intelligence (AI) is widely believed to help accelerate quantum computing's applications, providing even more fuel to this tech fire.
The result is that many pure-play quantum computing stocks, including Rigetti Computing (NASDAQ: RGTI), have seen their share prices surge over the past three years, with Rigetti's rising 718%.
Details
So, where will the company be in three more years, and can it replicate its past share price success? While I think Rigetti will likely expand its quantum computing sales and gain more customers, recreating its past returns will be very difficult. Here's why.
Source
Originally published at www.fool.com.