14
Tue, Oct

Jim Cramer on IonQ: “Huge Loss-Making Quantum Computing Company”

Jim Cramer on IonQ: “Huge Loss-Making Quantum Computing Company”

Financial News
Jim Cramer on IonQ: “Huge Loss-Making Quantum Computing Company”

IonQ, Inc. (NYSE:IONQ) is one of the stocks Jim Cramer commented on. Cramer highlighted the company’s “loss-making” during the episode and said:

“I’m going to start naming the names of these impoverished growth companies, the ones that have been bid up furiously and will likely need to do stock offerings because they’re desperate to raise money. That’s what happened in the great internet crash of 2000…

Photo by Anton Maksimov juvnsky on Unsplash

IonQ, Inc. (NYSE:IONQ) builds and sells access to quantum computers and develops quantum hardware, security, and detection systems.

While we acknowledge the potential of IONQ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

Content Original Link:

Original Source At Yahoo Finance

" target="_blank">

Original Source At Yahoo Finance

SILVER ADVERTISERS

BRONZE ADVERTISERS

Infomarine banners

Advertise in Maritime Directory

Publishers

Publishers