12 Best High Volume Stocks to Buy According to Analysts

10. Rigetti Computing Inc. (NASDAQ:RGTI)

Number of Hedge Fund Holders: 17

Average Volume (3-Month): 156.452 million

Upside Potential as of February 19: 35.69%

Rigetti Computing Inc. (NASDAQ:RGTI) develops superconducting quantum processors and comprehensive cloud-based access. Through its Novera brand, it delivers quantum processing units like the Ankaa-2 system, alongside quantum computing as a service and a suite of professional services. It empowers commercial, governmental, and international entities to explore the potential of quantum technology.

It’s focused on advancing its superconducting quantum computing technology. By mid-2025, it plans to release a 36-qubit system, using 49-qubit chips, which aim for 99.5% median 2-qubit gate fidelity. By late 2025, a system with over 100 qubits is expected, also targeting 99.5% fidelity, followed by the development of a 336-qubit system. It’s also on track to deploy its 84-qubit Ankaa 3 system by the end of 2024, targeting over 99% fidelity. The company is building faster and more accurate quantum computers by linking together multiple smaller and powerful chips.

Rigetti Computing Inc. (NASDAQ:RGTI) is collaborating with Riverlane on quantum error correction, which shows real-time low-latency error correction on its 84-qubit Ankaa 2 system. Its 9-qubit Nuvera QPU is being used for research, including quantum machine learning, as demonstrated in a reinforcement learning project at the Israeli Quantum Computing Center. Additionally, the 24-qubit Ankaa system has been deployed at the UK’s National Quantum Computing Centre.