D-Wave Quantum: Emerging Growth Play With Hard Value

Dec. 06, 2022 1:55 PM ETD-Wave Quantum Inc. (QBTS)QBTS.WS5 Comments

Summary

  • D-Wave Quantum Inc. is an early-stage quantum computing company that has not yet gained traction on revenues.
  • Nonetheless, the value of the technology is producing has pushed D-Wave Quantum to parity on book value far in advance of it gaining traction in the market.
  • This, along with its balance sheet, positions D-Wave Quantum for significant appreciation if it can scale revenues - something it also appears well-positioned to do.
  • As such, D-Wave Quantum looks like a buy from both a value and growth perspective.

Quantum Computing Processor CPU Concept

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Overview

D-Wave Quantum Inc. (NYSE:QBTS) is a quantum computing company. Focused primarily on building quantum computers in of themselves, it also offers software services and cloud infrastructure that leverages its hardware offering.

D-Wave was an

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This article was written by

Equity long/short, value and growth investing.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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