Q: Are these the New MEME stocks? Is it worth throwing $3000 into each of them? Tx.
RGTI, QBTS, QUBT
RGTI, QBTS, QUBT
5i Research Answer:
The quantum computing sector has exploded with interest, but commercialization is still years away. These stocks all have great momentum, but they are small and thus price volatility is very high. None of these are profitable and all have minimal sales. This sector will move, until it doesn't. And then there will be some pain. We would be quite cautious here. The sector frenzy has hit all at once. It may last a bit, but we doubt it is sustainable.