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5 Best Quantum Computing Stocks to Buy Now

5 Best Quantum Computing Stocks to Buy Now
No of HFs: 82
The 5
th best quantum computing stock to buy now is NVDA. The top hedge fund holder of this stock is Anna Nikolayevsky’s Axel Capital Management which had $2 million invested in the stock at the end of December. An insider purchased 100 shares at around $537 in December 2020. The stock remained the same since then. In an article, Vulcan Value Partners mentioned that NVIDIA’s value grew substantially while they owned it, and they continued to follow their discipline by trimming and adding to the company as its price fluctuated
“NVIDIA Corp. is the dominant supplier of Graphics Processing Units (GPUs) worldwide. During the first quarter of 2019, its stock price declined considerably due to the combination of three factors. A capital spending hiatus by cloud providers, the collapse in demand for cryptocurrency mining, along with the end of the product cycle in its most recent gaming chip caused NVIDIA to m ....

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11 Best Quantum Computing Stocks to Buy Now

11 Best Quantum Computing Stocks to Buy Now
CBInsights defines quantum computing as the process of information that is represented by special quantum states. By tapping into quantum phenomena like “superposition” and “entanglement,” these machines handle information in a fundamentally different way to “classical” computers like smartphones, laptops, or even today’s most powerful supercomputers. Quantum computing has the power to solve critical computational problems across a wide array of services.
Quantum computing has become viable for the growth of a business and society as a whole. In an study by MarketWatch, The Global Quantum Computing Market was valued at $89 million in 2016 and is projected to reach $949 million by 2025, growing at a CAGR of 30% from 2017 to 2025. In a separate study by McKinsey, there will be an estimated 2,000 to 5,000 quantum computers worldwide by 2030. Automotive will be one of the primary sectors for quantum computing with a hig ....

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