11 Best Quantum Computing Stocks to Buy Right Now

1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 317

Microsoft Corporation (NASDAQ:MSFT) remains involved in the quantum computing business via its Azure Quantum platform and the development of topological qubits. The company has rolled out Majorana 1, the world’s first quantum chip powered by a new Topological Core architecture. The company expects that it will realize quantum computers capable of solving meaningful, industrial-scale problems in years, not decades. It leverages the world’s first topoconductor, a breakthrough type of material, that can observe and control Majorana particles to produce more reliable and scalable qubits. The topological qubits are projected to have increased stability and lower error rates, which can make Microsoft Corporation (NASDAQ:MSFT)’s hardware more scalable.

Furthermore, integrating Majorana 1 into the Azure Quantum can make it the cloud provider that has topological qubit-based quantum computing. Also, Microsoft Corporation (NASDAQ:MSFT) has partnered with Quantinuum and Atom Computing to reach scientific and engineering breakthroughs. Such alliances are expected to enhance Microsoft Corporation (NASDAQ:MSFT)’s Azure Quantum platform, hardware research, and hybrid quantum-cloud solutions. Also, these partnerships can accelerate error correction as well as fault tolerance, which happens to be a critical step focusing on practical quantum computing.

Bretton Capital Management, an investment management company, released its Q4 2024 investor letter. Here is what the fund said:

“Microsoft Corporation (NASDAQ:MSFT) has become the go-to provider of computing services for many emerging AI companies, and its franchise is much more diversified than Alphabet’s, making it a net beneficiary of the AI arms race. Demand for its cloud computing services continued to grow, and the rest of its business (Orce, Windows, Xbox, GitHub, LinkedIn) are also thriving, sending earnings per share up 22% while the stock returned 13%.”

While we acknowledge the potential of MSFT as an investment, our conviction lies in the belief that some deeply undervalued AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued AI stock that is more promising than MSFT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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