If you look at what QBTS is trading at now compared to what other stocks in a similar category are trading, this stock is undervalued. I think this sector is about to see a massive transformation in how it’s utilized, might not become mainstream in this decade, but it will soon. I consider this stock a 10 year hold. No more than 2.5-5% of a portfolio. The mainstream retail assets are forming behind the lines in what’s considered blue chip equity or more specially blue chip tech equity. NVIDIA has a big pullback in its future. It’s riding high on the Bitcoin mining craze. They spent billions on development of quantum computing tech and smaller companies like D-wave will benefit from it down the road.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.