5 Best Performing Stocks in the Last 3 Months

4. IonQ, Inc. (NYSE:IONQ)

3-Month Share Price Gains as of August 15: 134.3%

Number of Hedge Fund Holders: 19

IonQ, Inc. (NYSE:IONQ) is focused on offering quantum computing solutions to tackle complex problems. The company is partnered with Microsoft, Google Cloud Marketplace, and Amazon Web Services to provide cloud-based solutions. On August 10, IonQ, Inc. (NYSE:IONQ) announced a Q2 non-GAAP loss per share of $0.22, which fell short of expectations by $0.14. However, the revenue of $5.52 million outperformed Street consensus by $1.16 million. The company expects 2023 revenue figures to be between $18.9 to $19.3 million, while the market consensus is $19.37 million. It is one of the best performing stocks in the last three months.

According to Insider Monkey’s first quarter database, a total of 19 hedge funds were bullish on IonQ, Inc. (NYSE:IONQ), while 23 hedge funds were invested in the company, during the last quarter.