Quantum Computing Stock is up in early-market trading on Friday, surging over 20% as it continues its ascent. It’s been arguably the hottest stocks of the year, having gained a whopping 1,715% at the time of writing on a YTD basis. Had you wagered $10,000 in the stock roughly 6-months ago, you would have grown your investment to a whopping $276,200.
The stock has been running far and fast on the back of the ongoing interest in the evolving quantum computing space. Many of its peers in the space have also seen their shares skyrocket, posting triple-digit gains. As we look ahead, quantum computing stock will remain one of the bellwethers in its niche, offering tremendous long-term upside ahead. Moreover, quantum technology is arguably one of the major growth investing trends heading into 2025.
This article first appeared on GuruFocus.
