To The Moon

Google's stock rose over 5% following the release of its new quantum computing chip, Willow, which the company called a "breakthrough." The news also boosted related quantum computing companies, which have seen over 100% stock growth this year.

Will you bet on quantum stocks as so many giants are investing heavily?

Is it the next growth engine?

What's your targer price for GOOG?

Will it hit all-time-high?

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Click titles to read the full analysis:

1. @yourcelesttyy:

Key Points:

$Alphabet(GOOG)$ Google's stock rose over 5% following the announcement of its new quantum computing chip, Willow, which the company hailed as a "breakthrough." The excitement around quantum technology has also lifted other quantum computing companies, some of which have seen their stock prices rise by over 100% this year.

Quantum computing is quickly becoming a hot sector as tech giants and startups race to harness its potential. With applications spanning AI, cryptography, and materials science, the technology is seen as the next frontier of innovation.

Why Quantum Computing is a Big Deal:

• Performance Leap: Google's Willow chip is claimed to solve problems exponentially faster than classical computers.

• Industry Impact: Potential applications in financial modeling, healthcare, and supply chain optimization.

• Investment Surge: Over $35 billion was invested in quantum technology in 2023 alone, with heavyweights like IBM, Microsoft, and Intel joining the fray.

Suggested Quantum Computing Stocks to Watch

Will Google Reach a New All-Time High?

With the tech giant's stock already up over 40% this year, some analysts are revising their price targets for Google. The focus on quantum computing could add another layer of growth potential.

What’s Your Strategy?

1. Short-term gains: Consider the momentum in quantum stocks following the news.

2. Long-term play: Invest in companies like Google and Nvidia for their diversified exposure and continuous innovation in cutting-edge tech.

Do you think quantum computing is the next growth engine? Will Google hit a new all-time high? Let us know your target price and thoughts! 🌟

2. @JacksNiffler: What Quantum stocks could we follow as Google's Willow surprise the market?

Key Points:

$Alphabet(GOOG)$ hung the whole market overnight with the Willow chip, and in the short term anyway, the sentiment could be to pull back a bit from the AI chip. $Alphabet(GOOGL)$

But to be honest, at present, the application scenarios of the two are not quite the same, $NVIDIA Corp(NVDA)$ GPUs and in AI training is also irreplaceable.

But short-term hot speculation can be involved in the target quantum computing field of companies include:

1. $QUANTUM CORP(QMCO)$ The company specializes in quantum computing technology, with a recent share price of $20.21 and a market cap of nearly $980 million.

2. $Analog Devices(ADI)$ A semiconductor maker whose products are widely used in quantum computing, ADI's shares are currently trading between $142.25 and $191.95 and have a dividend yield of 1.7%.

3. $The Defiance Quantum ETF(QTUM)$ This is an exchange-traded fund that focuses on quantum computing and offers diversified investment options for investors looking to diversify their risk.

4. $IBM(IBM)$ IBM is a leader in quantum computing, with shares ranging from $113.17 to $146.12 and a dividend yield of 4.8%.

5. $IONQ Inc.(IONQ)$ One of the first publicly traded pure-play quantum computing companies, IonQ focuses on the development of quantum computers accessible through cloud services, and its shares range from $7.07 to $35.90.

6. $Rigetti Computing(RGTI)$ The company, which develops quantum computers and related software, is working to advance the commercialization of quantum technology

7. $D-Wave Systems Inc.(QBTS)$ D-Wave focuses on quantum computing hardware and software solutions, and its stock has outperformed over the past year, up 247%.

Of course, $NVIDIA (NVDA)$ has a strong presence in the GPU space, and its technology is also being used in research and development related to quantum computing.

3. @jayc:

Key Points:

The quantum computing sector is experiencing rapid growth, with companies achieving technological milestones, securing significant contracts, and attracting high investor interest, which has driven substantial stock price movements.

However, the market remains volatile, as many quantum computing applications are still in developmental stages. Investing in quantum computing stocks carries inherent risks due to the nascent nature of the technology and the unpredictability of the market.

Potential investors should conduct thorough research and adopt a long-term perspective, as the widespread commercial adoption of quantum computing is still on the horizon.

4. @YYCHEN: Google’s Quantum Leap with ‘Willow’ Chip: A Game-Changer in Computing

Key Points:

Elon Musk and Sundar Pichai have praised Google’s revolutionary quantum computing chip, “Willow,” which has sparked global excitement. The chip, described as “mind-boggling,” is receiving widespread acclaim for its cutting-edge capabilities. Netizens are calling it a “cool” and transformative breakthrough in technology.

This innovation could redefine industries dependent on high-performance computing, creating opportunities for investors and reshaping the tech landscape.

Keep an eye on companies aligned with quantum computing and AI for potential market impact!

$Tesla Motors(TSLA)$  $Alphabet(GOOG)$ $NVIDIA Corp(NVDA)$  

5. @JackQuant:

Key Points:

BREAKING : $Alphabet(GOOG)$

Image

$Alphabet(GOOG)$ has just announced a major leap in quantum computing with their new quantum chip, designed to solve complex problems beyond the reach of classical computers. 🧠⚡ This chip aims to advance quantum supremacy, with potential applications in AI, cryptography, and material science. Will this breakthrough pave the way for a quantum revolution? 🤔🔍

Below are the chart idea from a monthly perspective :

We see $Alphabet(GOOG)$ trend are obviously Bullish right now, with $148 as a strong support which I expect to retrace and create stronger base consolidating there sooner or later in Q1 2025. Only after that we could see a move to the upside with a minimal target of $216 from the fibonacci extension. But expect it to hit $250 for the bullish target of 2025.

What’s your thought ? 🤔🤔

Questions for you:

Will you bet on quantum stocks as so many giants are investing heavily?

Is it the next growth engine?

What's your targer price for GOOG?

Will it hit all-time-high?

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⏰Duration

• 18 Dec (24pm EDT)