The MunAiMarkets Quantum Computing Portfolio Has Soared 90% MTD!

Introduction

The 4 constituents in the  MunAiMarkets Pure-Play Quantum Computing Stocks Portfolio continue to soar going UP 51.6% in October and another 90.4% since then (i.e. MTD).

What Is Quantum Computing?

Present day “classical” computers operate on a binary system that is equipped with chips that use bits to perform computations. These bits are limited, though, and can only show a value of zero or one, so it takes a lot of zeros and ones arranged in specific orders for a computer to do anything.

The research, development and leveraging of  “quantum” computers is underway, however, operate with subatomic particles that use quantum bits (qubits) to allow the particles to exist simultaneously in more than one state dramatically increasing processing speeds dramatically – and quicker processing speeds mean that computers can tackle more complex problems, improving predictive analytics, pattern recognition and complex optimization tasks.

The MunAiMarkets Pure-Play Quantum Computing Stocks Portfolio

Only 4 companies are researching and developing quantum computers exclusive of anything else* and below are how they performed w/e November 15th, in descending order, in descending order, and MTD along with their business profiles, market capitalizations, and links to the latest news, analyses and commentary on each of them.

1. Quantum Computing (QUBT): UP 116.8% w/e November 15th; UP 176.8% MTD
   • Company Focus: developing photonic qubits that offer a number of key advantages over trapped ions or superconducting qubits
   • Market Capitalization: $307M
   • Latest news, analyses and/or commentary:
     • Quantum Computing Shares Are Up Dramatically: Here’s What You Need To Know
2. IonQ (IONQ): UP 17.5% w/e November 15th; UP 93.9% MTD  
   • Company Focus: planning to build a network of quantum computers accessible via the cloud using trapped-ion technology in its processing units which relies on suspending ions in space using electromagnetic fields, and transmitting information through the movement of those ions in a “shared trap.”
   • Market Capitalization: $5.4B
   • Latest news, analyses and/or commentary:
     • IonQ to Increase Performance and Scale of Quantum Computers with Photonic Integrated Circuits in Collaboration with imec
     • IonQ Announces Partnership with NKT Photonics for Next-Generation Laser Systems to Power Future Quantum Computers
3. D-Wave Quantum (QBTS): UP 3.8% w/e November 15th; UP 54.7% MTD
   • Company Focus: focuses on quantum annealing technology
   • Market Capitalization: $322M
   • Latest news, analyses and/or commentary:
     • D-Wave Reports Third Quarter 2024 Results
4. Rigetti Computing (RGTI): DOWN 6.6% w/e November 15th; UP 6.8% MTD
   • Company Focus: specializes in superconducting qubit technology and has developed a suite of software tools and algorithms for programming and simulating quantum computations
   • Market Capitalization: $288M
   • Latest news, analyses and/or commentary:
     • Rigetti Computing Reports Third Quarter 2024 Financial Results and Business Updates

*Please note: Our MunAiMarkets Pure-Play Quantum Computing Stocks Portfolio only includes those companies that concentrate all their efforts on the research and development of quantum computing. Companies that are also involved in the research and development of quantum computing but are also involved in other aspects of AI technology, such as Microsoft (MSFT), Nvidia (NVDA), Alphabet (GOOGL), Amazon  (AMZN), Advanced Micro Devices (AMD), IBM, Intel (INTC), Honeywell Int’l (HON), and Baidu (BIDU), are excluded from this analysis to allow for a true comparison of performance by similar constituents.

Summary

The MunAiMarkets Pure-Play Quantum Computing Stocks Portfolio was UP 20.3% w/e November 15th and is now UP 90.4% MTD.