GOOGL, MSFT, AMZN, INTC: Check out the quantum tech stocks

Computers have greatly changed every aspect of everyone’s life, and quantum computers will do the same in the coming years. Breakthroughs in a new theme for Technology fieldQuantum computing is surprising investors with how quickly it is being developed and is now rolling out in the media, as the first machines are already up and running. The question is what does this mean for the future, and who is involved in this incredible race to the next frontier?

The answer is of interest to anyone Cyber ​​security, artificial intelligenceAnd even economics. Those who don’t want to see Silicon Valley become the next rust belt will have to step up their growth process, so investors should keep today’s list close to their chest for years to come. This can significantly change their financial future.

The stocks involved in this new revolution include names Alphabet Inc. NASDAQ: GOOGL, Microsoft Co. NASDAQ: MSFTAnd also Amazon.com Inc. NASDAQ: AMZNAnd these are the stocks that will form the foundation of today’s list. However, investors now have the task of figuring out which stocks in the lateral supply and development chain will be called upon to aid in the quantum computing revolution, which ultimately deserves another mention.

How does quantum computing even work?

These computers did not work on transistors and semiconductors alone, which is how today’s computers fundamentally work. Quantum computers operate on atoms, which makes them superior to anything investors know about today; Because atoms can be in many places at the same time, these computers can perform infinite calculations and simulations simultaneously.

It’s what some in the industry are calling “quantum supremacy,” something Google has already achieved. They have announced their own. A computer named Willow In early November 2024. What most investors will miss is that the energy requirements to keep running—and evolving—these computers will be another great trend in the race.

This puts Google in a unique position to not only drive quantum computing advances, but also provide the supporting infrastructure needed to sustain these systems. Their ability to innovate energy management and scalable computing solutions can redefine industry standards and unlock new revenue streams.

So has Amazon Investment in nuclear energyBecause it relates to quantum computers in more ways than just providing an energy source. Since these computers run calculations on atoms, and nuclear power operates on the same basic assumptions, the issue of scaling up and commercializing nuclear power can be solved quickly.

Amazon’s investment suggests a strategic bet on the convergence of quantum computing and nuclear power. If breakthroughs from quantum computing to atomic-level control spread to nuclear power, it could reshape how power is generated and managed, positioning Amazon as a pioneer in both industries. .

Then, there is the corporate and economic solution. While Microsoft revolutionized the world of finance with its Office software suite, its developments in quantum computing can solve the most complex financial issues and theories on the market, the kind of software that every major financial firm would like to have access to. .

This could usher in a new era of financial technology, where quantum-powered analytics redefine risk assessment, portfolio optimization, and real-time market forecasting. Microsoft’s quantum computing advancements could become indispensable tools for global financial institutions, fueling demand for cutting-edge financial software solutions.

Wall Street knows the potential in this trend, which is why it has a double-digit upside view on these stocks. For Google, Pivotal Research has kept its buy rating, Emphasis on a $225 share price target Today, that means the stock is up 17% from where it trades today.

When it comes to Amazon, some Organizations can’t get enough of stock. As of November 2024, Geode Capital Management, Franklin Resources, and Toronto Dominion Bank have increased their holdings in Amazon stock through the end of the year. And it makes sense, as analysts at TD Cowen now see it $265 per share15.5% run from today’s price.

A worthy mention in this race

Recently, the shares of Intel Co. NASDAQ: INTC may have been on the radar of many investors, not only because of how little it trades today, but because 40% of its 52-week high But also because the wider market is willing to value it right alongside other competitors on valuation merits.

This article This valuation position will break down a number of reasons why this is so, but investors need to focus on the main issue for Intel. Quantum computing is not just a race in the United States; The whole world is after developing this technology, so it will be important to keep this intellectual property in house.

That’s where Intel stock comes into play, as the company is quickly building a presence in Arizona and Ohio to manufacture wafers and semiconductors, and the recipient of most of the government grants to do so. Regarding securing the country’s place in this race, it looks like Intel stock may be the one to watch today.

Wall Street analysts would agree. They currently have a price target set $30 per share for Intel stockWhere it has declined today, demand is up to 50%.

Before you consider Amazon.com, you may want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified Five stocks That top analysts are quietly telling their clients to buy now before the broader market hits… and Amazon.com wasn’t on the list.

While Amazon.com currently has a “medium buy” rating among analysts, top analysts believe these five stocks are better buys.

Check out five stocks here

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