- Quantum stocks are highly volatile, making them risky for most investors, despite potential high returns for those who can time trade effectively.
- Nvidia’s CEO Jensen Huang’s mixed messages on quantum computing have caused significant stock price fluctuations, but the upcoming Quantum Day could drive further excitement.
- Rigetti Computing, Inc. offers the highest return potential among quantum stocks, but its high short interest and weaker balance sheet make it a risky investment.
- For long-term exposure, consider the Defiance Quantum ETF or large tech companies like Google and IBM, while RGTI stock is best for short-term gains with a well-planned strategy.
Thesis Summary
The quantum trade continues to be alive and well, making money for both shorts and longs, (if you know how to time it). However, with quantum stocks posting over double-digit moves every other day, this. This is a high-risk/high-reward opportunity, which is exactly what I look for in my YOLO portfolio. Joint the Pragmatic Investor today to get insight into stocks with high return potential. James Foord is an economist by trade and has been analyzing global markets for the past decade. He leads the investing group The Pragmatic Investor where the focus is on building robust and truly diversified portfolios that will continually preserve and increase wealth.
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