Here's Why I Wouldn't Touch D-Wave Quantum With a 10-Foot Pole

In principle, quantum computing is fascinating. This evolving new technology has the potential to handle certain unusual types of computations that are far beyond the capacities of even today's most powerful conventional supercomputers, and the results could lead to revolutionary breakthroughs in a host of existing industries. They could even create new ones.That potential has been evident in how quantum computing stocks have performed. Optimistic investors have bid up the share prices of a handful of emerging companies that are in the midst of trying to develop useful and commercially viable quantum computers. Among that group is D-Wave Quantum (NYSE: QBTS). It has been on a wild ride, with its share price ranging from $4 to $46 over the past year.Currently, the stock is hovering near the middle of that range. While some may find it tempting to buy the dip in light of how high D-Wave Quantum has traded in the past, I wouldn't touch the stock with a 10-foot pole.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool