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Home›Best of the Best Lists›7 Best Quantum Computing Stocks to Buy

7 Best Quantum Computing Stocks to Buy

By Matthew Lynch
September 5, 2023
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Quantum computing has the potential to revolutionize technology as we know it, allowing for dramatically improved calculations and simulations, making it an exciting investment opportunity. Here are the top 7 quantum computing stocks for investors to buy:

1. IBM (NYSE: IBM)

IBM has been pushing boundaries in quantum computing for decades. Its IBM Q is a dedicated global research initiative, and the company offers cloud-based quantum computing services via IBM Quantum Experience. IBM is a solid choice for investors seeking exposure to the cutting-edge technology.

2. Alphabet Inc. (NASDAQ: GOOGL)

Google’s parent company, Alphabet, has made significant strides in quantum computing, boasting a powerful 53-qubit quantum computer called Sycamore. With Google’s innovative approach and the recent demonstration of quantum supremacy, this stock is well-positioned to benefit from advances in quantum computing.

3. Microsoft Corporation (NASDAQ: MSFT)

Microsoft’s ambitious Quantum Project is betting on topological qubits that promise better error-correction and scaling abilities, potentially giving them an edge in the race for practical quantum computing applications. Investing in Microsoft means investing in their innovative approach to quantum technology.

4. Honeywell International Inc. (NYSE: HON)

Honeywell claims its H0 and Model H1 quantum computers are some of the most powerful available today, harnessing trapped-ion technology. Investors looking for an industrial giant with a vested interest in deep tech should consider Honeywell as part of their portfolio.

5. Intel Corporation (NASDAQ: INTC)

Intel’s Horse Ridge control chip brings cryogenic equipment closer to the quantum processor itself, helping improve scalability and reduce the size and complexity of large-scale quantum computers. Intel’s ongoing research makes it an attractive option for those seeking to invest in the future of computing.

6. D-Wave Systems Inc.

D-Wave focuses on adiabatic quantum computing techniques to solve complex optimization problems. Although currently privately-held, D-Wave has partnerships with industry players like Google and Lockheed Martin and may go public in the future, making it a company to watch for quantum computing investors.

7. Quantum Computing Inc. (OTCQB: QUBT)

Quantum Computing Inc is developing software that bridges classical and quantum computing, aiming to make it easier for businesses and developers to leverage the power of quantum technology. Although a riskier option due to its small-cap nature, this stock allows investors to dive deep into the quantum computing world.

While many of these companies have multiple revenue streams, their commitment to quantum computing research makes them attractive options for investors looking to capitalize on this revolutionary technology. As with any investment, always conduct thorough research and consider your risk tolerance before entering the market.

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Since technology is not going anywhere and does more good than harm, adapting is the best course of action. That is where The Tech Edvocate comes in. We plan to cover the PreK-12 and Higher Education EdTech sectors and provide our readers with the latest news and opinion on the subject. From time to time, I will invite other voices to weigh in on important issues in EdTech. We hope to provide a well-rounded, multi-faceted look at the past, present, the future of EdTech in the US and internationally.

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