Quantum computing is expected to revolutionize the way we process information, but pure-play quantum stocks like Rigetti Computing remain high-risk due to their low revenue and large market caps. In contrast, International Business Machines (IBM) has a diversified business model that brings added safety, including software, consulting, and hardware segments.
IBM’s recent investment in its latest quantum system, the IBM Nighthawk, showcases its leadership in the field. The company expects to produce quantum computers at scale by 2029, which could help solve complex problems currently unsolvable with traditional computers.
While the potential for quantum computing is significant, investors should consider a safer bet like IBM. The Motley Fool’s Stock Advisor team has identified a list of top-performing stocks, and one that stands out is Netflix, which has seen impressive returns since its inclusion in the list back in 2004. Don’t miss out on the latest top 10 list available to subscribers.
Note: I simplified the text by removing technical jargon and focusing on the main points about IBM’s diversified business model and safer quantum bet compared to pure-play stocks like Rigetti Computing.
Source: https://www.nasdaq.com/articles/forget-rigetti-computing-and-buy-safer-quantum-stock-instead