Keep an eye on quantum computing stocks, such as D-Wave Quantum (SYM: QBTS).
After finding strong support at $4.50, QBTS is just starting to pivot higher. Last trading at $6.91 we’d like to see it rally back to $11 initially.
Helping, the company just “announced a scientific breakthrough published in the esteemed journal Science, confirming that its annealing quantum computer outperformed one of the world’s most powerful classical supercomputers in solving complex magnetic materials simulation problems with relevance to materials discovery.”
Even better, the company is seeing strong growth.
In fact, QBTS says it expects for first quarter 2025 revenue to exceed $10 million, as compared to expectations for $2.55 million. It’s also seeing strong growth in full-year and quarterly bookings. For example, in 2024, bookings were up 128% year over year. For the full-year, bookings were up 502% year over year to $18.3 million.
Outside of QBTS, if you want further diversification with more quantum names, you may want to consider exchange-traded funds (ETFs), such as the Defiance Quantum ETF (SYM: QTUM).
Oversold at $75.81, the QTUM ETF is just starting to pivot higher.
With an expense ratio of 0.40%, the QTUM ETF tracks some of the top tech stocks, including Onto Innovation, Teradyne, Marvell Technology, Juniper Networks and Taiwan Semiconductor to name a few. From $75.81, we’d like to see it initially retest $85 a share.
Featured Article: The chip company making AI look primitive
This video could be on the cusp of going viral.
In it, Wall Street’s “AI Oracle” reveals the name of a small American tech company that’s about to upend the entire semiconductor industry.
When he identified Apple before the iPhone…
Amazon before e-commerce conquered retail…
And Google before it dominated online search…
The Wall Street establishment dismissed him.
Now they’re ignoring his latest prediction about an overlooked company that’s quietly building the infrastructure for the next tech revolution.
According to his research:
The AI boom we’ve witnessed so far is merely the warm-up act. The main event is about to take center stage.
One small tech innovator has secured crucial patents that could make them the gatekeeper for this entire industry — potentially controlling technology that every major tech giant will need to license.
In his just-released video presentation, this renowned market strategist — who’s been called “one of the most important money managers of our time” — reveals the company’s name and ticker symbol at no cost.
But he cautions: once mainstream investors recognize what’s happening, the opportunity for maximum gains could evaporate overnight.
