Jim Cramer Says “D-Wave Is the One That I Identified as Being the Best” For Quantum

D-Wave Quantum Inc. (NYSE:QBTS) is one of the stocks Jim Cramer shared his thoughts on as he discussed Big Tech’s AI spending. During the lightning round, a caller asked about the stock, and Cramer remarked:

Well, that’s Dr. Baratz, and I’ve gotta tell you, if you want to do quantum, D-Wave is the one that I identified as being the best. I also like IBM for quantum. And don’t forget, Honeywell’s spinoff on quantum’s coming.

Photo by Anton Maksimov juvnsky on Unsplash

D-Wave Quantum Inc. (NYSE:QBTS) develops quantum computing systems, software, and services, including Advantage quantum computers, Ocean developer tools, and Leap cloud and hybrid solver services. During the April 9 episode, a caller sought Cramer’s opinion on companies like D-Wave, and Cramer responded:

Well, I think it’s more of a, candidly, it’s more of a science project, which I don’t mean, you know, look, it is. And what can I say, maybe the science project works out, but it is more of a science project.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years 

Disclosure: None. Follow Insider Monkey on Google News.