Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first.
5 Best Quantum Computing Stocks to Buy Now
No of HFs: 82
The 5
th best quantum computing stock to buy now is NVDA. The top hedge fund holder of this stock is Anna Nikolayevsky’s Axel Capital Management which had $2 million invested in the stock at the end of December. An insider purchased 100 shares at around $537 in December 2020. The stock remained the same since then. In an article, Vulcan Value Partners mentioned that NVIDIA’s value grew substantially while they owned it, and they continued to follow their discipline by trimming and adding to the company as its price fluctuated
“NVIDIA Corp. is the dominant supplier of Graphics Processing Units (GPUs) worldwide. During the first quarter of 2019, its stock price declined considerably due to the combination of three factors. A capital spending hiatus by cloud providers, the collapse in demand for cryptocurrency mining, along with the end of the product cycle in its most recent gaming chip caused NVIDIA to miss its quarter