2 Hidden Quantum Computing Winners

Some stocks are bets on the future, and few types of stocks exemplify that as much as those surrounding quantum computing. It has the potential to change cybersecurity forever, give us computing power we’ve never seen before, and completely transform several other industries. 

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However, here’s the thing about quantum computing stocks: for companies purely or mostly focused on quantum computing, the risk is high, and the fundamentals aren’t there. Our Zen Ratings system does not rate these stocks well. One, D Wave Quantum Inc (NYSE: QBTS), actually has a Zen Rating of F, with poor Component Grades to match.

Yet that doesn’t mean there isn’t a way to find benefit in quantum computing now. Much like with AI, sometimes the best investment isn’t the wave itself, but what surrounds it (during the gold rush, sell shovels). So instead, we’re going to talk about a few better-looking stocks that still stand to benefit greatly from advancements in quantum computing.

And you almost certainly recognize the tickers. 

Alphabet Inc (NASDAQ: GOOGL)

With a Zen Rating of B, GOOGL is above average among the stocks we cover. And perhaps more importantly in this instance, it may be one of the companies to really start off using Quantum computing well, and it is able to handle the likely high costs to get the ball rolling. Google’s Willow chip is a breakthrough in itself, and Google is actively researching quantum computing.

Essentially, few companies are poised to benefit from quantum computing as much as GOOGL. Its fundamentals are still strong (with strong sentiment behind it as well), and unlike some quantum computing stocks, there’s less risk of your investment turning to dust.

NVIDIA Corp (NASDAQ: NVDA)

Yes, NVDA has all the attention of the world and then some on it now, but NVDA also has a Zen Rating of A right now, and it is one of the stocks absolutely well-positioned to take advantage of quantum computing advancements as they come along (if they don’t develop the advancements themselves).

While perhaps a bit more volatile given NVDAs' entanglement with AI at the moment (and for the foreseeable future), NVDA has many of the same advantages as GOOGL. It’s not a small startup. NVDA works on the infrastructure and use cases that quantum computing will likely need. No matter what happens with quantum computing (or rather, who has a breakthrough), NVDA will likely benefit.

And even discounting that, NVDA's Component Grades and profit numbers are strong. There’s a reason why it’s so popular.

Do you want more information on the above stocks, or even quantum stocks that may not be performing well right now? Then you want WallStreetZen Premium. With it, you’ll get an unlimited watchlist, all the fundamental information you need to make important portfolio decisions, access to premium Stock Ideas pages, and more.

However, investing in general, much less investing in quantum-related stocks, can get a little complicated. Perhaps you want a more guided approach. If that sounds like you, Zen Investor will be perfect. With it, you get access to webinars and commentary by our very own Steve Reitmeister, who has more than 40 years of investing experience. You’ll also gain access to a hand-selected model portfolio for you to get ideas from.

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