These 10 Stocks Are Flying High

2. Quantum Computing Inc. (NASDAQ:QUBT)

Quantum Computing rallied for a fourth consecutive day on Wednesday, jumping 25.38 percent to close at $18.97 apiece, following optimistic comments from Nvidia Corp. CEO Jensen Huang that the quantum computing industry has already reached an inflection point.

In his keynote speech at a conference in Paris, Huang said that the application of quantum computers in areas that can solve interesting problems is now within reach.

“This is a really exciting time,” he noted.

Quantum Computing Inc. (NASDAQ:QUBT) rallied alongside its peer, Rigetti Computing Inc.  (NASDAQ:RGTI).

Earlier this year, Huang walked back his comment that the practical use of quantum computers is only 15 to 30 years away.

Last week, Ascendiant Capital Markets reaffirmed its “buy” recommendation on Quantum Computing Inc.’s (NASDAQ:QUBT) stock, while raising its price target to $22 from $14 previously.