Quantum computing stocks have surged in 2024 as breakthroughs hint at a technological tipping point. Two pure-play quantum stocks offer contrasting paths to potentially massive returns. The next computing revolution may be closer than investors think.

Quantum Computing Inc. stock surged 500% last month but has dropped near 50% in two days, raising questions about its long-term value. Read why QUBT is a Sell.

Instead of using regular "bits" of data, quantum computers use qubits. Qubits can be 0, 1, or both at the same time, thanks to a property called superposition. This means a quantum computer can explore several solutions to a problem all at once.

Breakthroughs in quantum computing have shares of Alphabet and IonQ soaring as of late. One pocket of the artificial intelligence (AI) realm that is fetching a fair amount of attention right now is quantum computing. While there are many companies exploring quantum computing, only a finite number have made any measurable progress.

The quantum computing industry still hasn’t settled on a hardware standard and we’re still years away from commercial use. But in 2024, all the major vendors made significant progress in improving capabilities and reducing error rates,

The company has filed documentation that paves the way for investors to sell the stock, as well as warrants to acquire shares.

There are plenty to choose from, and they're all soaring in price. That doesn't necessarily mean you should buy the stocks, though.