My Top 3 Quantum Computer Stocks

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Quantum Computer Stock #3

We're counting down my top 3 Quantum Computer Stocks for 2024. But first, we'll give a background on exactly why this breakthrough computer hardware is so important and could be the biggest innovation in decades…

Quantum computers are set to transform countless industries. It's a whole new frontier in computing that could unlock answers to questions we don't even know to ask yet…

The businesses creating this new technology are positioned to benefit greatly due to the transformative potential it holds across various industries. As these companies develop, they are on track to provide the necessary hardware and software solutions that make quantum computing accessible, offering immense value to sectors like pharmaceuticals, finance, and cybersecurity. 


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This new tech is also disrupting the cybersecurity industry by breaking many of the encryption methods we currently rely on. This technological edge could lead to significant market advantages and potentially high financial returns for investors betting on the quantum leap.

As the technology advances and becomes more integrated into commercial applications, these companies are set to benefit from partnerships, government funding, and grants aimed at accelerating quantum computing research and development. Australia just announced its investing $1 billion to fund quantum computer research and the U.S. has already invested $932 million. 

The early movers in this space not only get a head start in refining the technology but also in establishing critical intellectual property, which could be lucrative as demand for quantum computing solutions grows. Quantum computing stocks offer the chance to invest in the cutting edge of a world changing technology.

Let's take a look at the top performers in this sector, starting today with the company you'll recognize the most…

Pick #3: IBM (IBM)

IBM is at the forefront of the $6.5 billion quantum computing revolution, far out ahead of nearly all others. 

It was one of the first to offer quantum computing services via the cloud, which allows people to run real quantum experiments without actually owning this futuristic hardware. This is only possible because of a data center IBM created in New York, now the company is building its second data center in Germany, unleashing this advanced technology into a new phase. 

In 2021, the Cleveland Clinic partnered with IBM so patients could benefit from this new technology. “It’s all about the ability to access greater volumes of data at higher speeds. That’s the promise of quantum computing and it’s certainly very applicable in data rich fields such as healthcare,” InvestorPlace.com said. 

But healthcare is just the start, quantum computers will soon spread to every data-rich industry. IBM shares are up over 500% in 5 years and the quantum computing revolution is just getting started. However, because it has a $153 billion market cap, it may see the smallest gains potential of any stock on our list. 

Tomorrow, we will reveal the #2 quantum computer stock, be sure to check your inbox then.


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