Why I Wouldn't Touch IonQ, Even With Quantum Computing Stocks Soaring
IonQ is growing blisteringly fast.
Overview
Quantum computing stocks have been one of the hottest trades in recent years. Emerging leaders IonQ (NYSE: IONQ), Rigetti Computing, and D-Wave Quantum are up between 20% and 50% from their April lows. Look out even further, and this trio has soared between 480% and 1,710% over the past two years. While IonQ is growing at blazing speeds, it's too hot for me to handle.
Here's why I'm not ready to buy this top quantum computing stock.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.