Jim Cramer Prefers D-Wave Over BTQ as a Quantum Computing Pick

BTQ Technologies Corp. (NASDAQ:BTQ) is one of the stocks Jim Cramer offered insights on. During the lightning round, a caller asked about the company, and Cramer commented:

“Okay, look, I think that that’s going to be yours, that’s a speculation for you, if you’re going to speculate in quantum. For me, it’s going to be D-Wave. It’s not necessarily the best there is in terms of, because I really believe in IBM’s quantum and I, but I will say that D-Wave is my choice.”

BTQ Technologies Corp. (NASDAQ:BTQ) develops post-quantum cryptography solutions for blockchain and related applications. The company provides tools for quantum random number generation, post-quantum signatures, and quantum risk assessment. On October 27, the company announced a $15 million strategic partnership with ICTK Co. to co-develop a quantum-secure secure element chip, Quantum Compute in Memory or QCIM. The collaboration targets digital assets, stablecoins, IoT, fintech, and defense applications as it aims to deliver high-performance, energy-efficient, and commercially deployable quantum-resistant hardware.

While we acknowledge the risk and potential of BTQ as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BTQ and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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