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

A trio of quantum-computing stocks have seen huge gains over the past few months, bolstered by a wave of hype from retail investors looking to cash in on what could be the next big thing in tech.

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.

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.

Google’s quantum chip Willow has prompted quantum computing stock mania. Learn how SA Quant’s algorithm identifies Quantum Computing as a Strong Buy amid its sustained rally.

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