Why You Keep Losing Money on Quantum Stocks

21/11/2023 15 min

Listen "Why You Keep Losing Money on Quantum Stocks"

Episode Synopsis

Stay informed with our free disruptive technology investing newsletter, Nanalyze Weekly. Sign up now at https://www.nanalyze.com/nanalyze-weekly/. This episode is pulled from a YouTube presentation. View the original presentation at https://youtu.be/j3hCI2Z1DLw.

Quantum computing stocks have treated investors like dog excreta, IONQ stock probably being the exception. That’s because IONQ stock is being cheered on by a group of people who don’t understand the notion of intrinsic value. Once the hype dies down, IONQ shares will trade at levels more representing what peers trade at, in quantum computing and broader tech. As for other quantum computing stocks like D-wave stock or Rigetti stock, both these companies are in survival mode as they wait the 2/3/5 years it takes to bring something to market that can do things classical computers cannot. In short, we’re passing on all quantum computing stocks – IONQ, and QBTS, RGTI – while Arqit Quantum ARQQ isn’t something we’d consider a quantum computing stock. We’d avoid them like the plague along with other wannabes like Archer Materials and Quantum Computing Inc QUBT.