Jim Cramer Says “I Want You to Own This D-Wave”

D-Wave Quantum Inc. (NYSE:QBTS) is one of the stocks Jim Cramer reflected on. When a lightning round caller inquired about the stock, Cramer responded:

“I want you to own this D-Wave. Here’s why I want D-Wave because one headline, one little story, and that stock goes up 10 points. I mean, I’m looking at stuff that is going up 10 points on nothing, and D-Wave has the ability to be able to do that because it’s actually a real company.”

Jim Cramer Says “I Want You to Own This D-Wave"

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

D-Wave (NYSE:QBTS) develops quantum computing systems, software, and cloud services. The company provides hybrid quantum-classical solutions for complex problems in logistics, scheduling, optimization, drug discovery, and more across enterprise applications. During a May episode, Cramer mentioned the company and shared his bullish sentiment:

“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.”

While we acknowledge the risk and potential of QBTS 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 QBTS and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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