Jim Cramer Says D-Wave Quantum CEO "Dr. Baratz is Very Good"

D-Wave Quantum Inc. (NYSE:QBTS) is one of the stocks Jim Cramer shed light on. Answering a caller’s query about the stock, Cramer said:

“Alright, I see QBTS. Now, they do report this week… I think that Dr. Baratz is very good. But this IBM is doing some amazing things in quantum, and I think the Trump people have been talking to them about the urgency of being ahead of the Chinese in quantum, and it’s going to be IBM that leads the way.”

D-Wave Quantum Inc. (NYSE:QBTS) develops quantum computing systems, software, and cloud services that combine quantum and classical computing for complex problem-solving. During the October 24 episode, while analyzing stock portfolios of callers, Cramer commented on the stock and said:

“… As I said, I don’t mind having a spec among my five. Let D-Wave do it. People want to go quantum. We’ve studied all these. That’s the best of the quantums. That doesn’t mean I think we should embrace quantum because the two real quantum kings are IBM and Google. But I think that Will has every right to put, to maybe get a little extra something that could change his life. That’s what we’re about here. Apple, you know, I think it’s going to be terrific. Palantir, is it the same? No, software, hardware.

Gallagher, I don’t mind the insurance business, but I’m a Chubb guy. I think Chubb’s going to $300. And Agnico Eagle, when they report next week, I think they’re going to be much, much better than Newmont. They have much lower finding costs. I got a gold company, I got a spec, I got a great tech. I’ve got software, cybersecurity. I have insurance. I think Will’s portfolio is excellent, and he doubts himself, but I don’t doubt him.”

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