Jim Cramer Says People Are Trying To Figure Out What IonQ (IONQ) “Exactly Is”

We recently published 14 Stocks Jim Cramer Discussed As He Shared Insights For Nuclear And Quantum Stocks. IonQ, Inc. (NYSE:IONQ) is one of the stocks Jim Cramer recently discussed.

IonQ, Inc. (NYSE:IONQ) is a quantum computing company that provides hardware and software services and products. Cramer has been discussing quantum computing stocks a lot recently. He has commented that while these firms might have potential, they are part of a speculative group of stocks that viewers should be careful of investing in. The CNBC TV host has also commented that investors should be on the watch for insider selling in firms like IonQ, Inc. (NYSE:IONQ) as that indicates management sentiment about future valuation. In his earlier remarks, Cramer commented that the firm was an “impoverished” growth company which had been “bid up aggressively” by retail investors. This time, he continued to discuss IonQ, Inc. (NYSE:IONQ)’s shares:

Jim Cramer Says People Are Trying To Figure Out What IonQ (IONQ) "Exactly Is"

“That’s a really interesting, kind a small scale interesting company involving David, a technology whose time might or might not come. And people piled in. Because they got very excited and now they’re trying to figure out what exactly is IONQ.”

While we acknowledge the risk and potential of IONQ 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 IONQ 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.