Key Points
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Several quantum computing stocks are anticipated to perform well in 2026, notably Microsoft and IonQ, but Alphabet stands out as the most attractive option.
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Alphabet is expected to benefit from the ongoing AI growth in 2023.
Quantum computing is emerging as a transformative technology, with potential applications in climate modeling, cybersecurity, and drug discovery, among others. Wall Street analysts favor Microsoft (NASDAQ: MSFT) for its notable advancements, with 55 out of 57 analysts recommending a “buy” or “strong buy,” and a projected 30% upside in the next 12 months. IonQ (NYSE: IONQ), also a key player, is developing quantum technologies using a trapped-ion architecture and has the largest market cap among rising quantum firms.
Alphabet (NASDAQ: GOOG) is highlighted as a leading contender, credited with significant breakthroughs in quantum computing through its Google Quantum AI division, which in 2019 demonstrated a computation capability that would take traditional supercomputers 10,000 years. The company unveiled its first logical qubit prototype in 2023 and aims to create long-lasting qubits for extensive computations. Alphabet’s growth in AI and its cloud services positions it as an attractive investment, although it was not listed among the top 10 recommended stocks currently.
