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:
“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 potential of IONQ as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.