Jim Cramer Discusses Quantum Computing Stocks Among These 12 Stocks

6. IonQ, Inc. (NYSE:IONQ)

Number of Hedge Fund Holders in Q1 2025: 28

IonQ, Inc. (NYSE:IONQ) is one of the few pure-play American quantum computing hardware companies. The firm was a regular feature of Cramer’s appearances earlier this year in January. Back then, the quantum computing sector was basking in the glory of Google’s announcement that its quantum computer had significantly outperformed a supercomputer. Investors started piling into quantum computing stocks, but Cramer remained a skeptic. Back then, NVIDIA CEO Jensen Huang knocked the wind out of the quantum computing bubble after he remarked that the technology wasn’t mature. Yet, in a turn of events in late May, IonQ, Inc. (NYSE:IONQ)’s shares surged by 22% after its CEO commented in an interview that his firm could be the ‘NVIDIA’ of quantum computing. Cramer’s comments revolved around NVIDIA’s CEO changing tack on quantum computing:

“There are four quantum stocks that we have to follow. Some of my people that I work with were very, I think that they were, probably concerned that I went out and said, look we ought to be looking at . . .we ought to be looking at, you know the ones that people talk about. But they’re gonna fly!”

But you’re seeing, I mean I did a piece last night, that basically said, okay, here we go. IONQ. . . .quantum computing, go get em. And David, look at that. I’m not saying I am a sage. I am saying that Jensen is giving a green light to a lot of companies that may mean absolutely nothing but they have quantum in their name.”

Recently, Cramer commented on IonQ, Inc. (NYSE:IONQ)’s valuation:

“Oh my god, it’s so high and it’s losing so much money, but it’s quantum. If I offer you a considered explanation of why I think that stock’s too expensive, most people ignore it, so all I’m going to say is it’s too speculative for me. I don’t know what else to say.”