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Is D-Wave Quantum Stock a Buy Now?

TheMotleyFool

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Is D-Wave Quantum Stock a Buy Now?: https://g.foolcdn.com/editorial/images/830585/quantum-computing_ball-of-circuits-as-the-center-of-an-atom_gettyimages-1496076713-1201x750-308636d.png

Quantum computing stocks have soared over the past year, and one of these is D-Wave Quantum (NYSE: QBTS). The company's shares surged nearly 1,300% over the last 12 months through Aug. 21.

Excitement around quantum computing's potential to transform sectors of the economy have fueled investor interest in the industry. After all, D-Wave says that its quantum system is "capable of solving computationally complex problems beyond the reach of classical computers."

But the question is whether D-Wave's current business can translate into long-term success. Getting to an answer requires peeling back the layers of this pure-play quantum computing company.

Source Fool.com

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