Jim Cramer on D-Wave Quantum (QBTS): “Of the Ones That Are Out There, This is the Best”

We recently published a list of Jim Cramer’s Thoughts on These 10 Stocks. In this article, we are going to take a look at where D-Wave Quantum Inc. (NYSE:QBTS) stands against other stocks that Jim Cramer discusses.

During the lightning round, a caller asked about D-Wave Quantum Inc. (NYSE:QBTS), and Cramer commented:

“Alright, I’m going to tell you something good. I think of the ones that are out there, this is the best, okay? How’s that? This is the best. And if they got any good news beyond what they have, the stock probably goes to 25. There we go.”

Jim Cramer on D-Wave Quantum (QBTS): “Of the Ones That Are Out There, This is the Best”

A modern computer datacenter, running an advanced quantum computer system.

D-Wave Quantum (NYSE:QBTS) provides quantum computing systems, software, and cloud-based services designed to solve complex problems using both quantum and classical computing. The company also offers tools, training, and support to help businesses develop practical quantum applications. Earlier in January, whilst talking about the company, Cramer commented:

“I am wary of D-Wave Quantum, a $2.2 billion company with $9 million in revenues over the last 12 months and very big losses.”

Overall, QBTS ranks 10th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of QBTS as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than QBTS and that has 100x upside potential, check out our report about this cheapest AI stock.

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

Disclosure: None. This article is originally published at Insider Monkey.