Jim Cramer Prefers D-Wave Over BTQ as a Quantum Computing Pick

BTQ Technologies Corp. (NASDAQ:BTQ) is one of the stocks Jim Cramer offered insights on. During the lightning round, a caller asked about the company, and Cramer commented:

“Okay, look, I think that that’s going to be yours, that’s a speculation for you, if you’re going to speculate in quantum. For me, it’s going to be D-Wave. It’s not necessarily the best there is in terms of, because I really believe in IBM’s quantum and I, but I will say that D-Wave is my choice.”

BTQ Technologies Corp. (NASDAQ:BTQ) develops post-quantum cryptography solutions for blockchain and related applications. The company provides tools for quantum random number generation, post-quantum signatures, and quantum risk assessment. On October 27, the company announced a $15 million strategic partnership with ICTK Co. to co-develop a quantum-secure secure element chip, Quantum Compute in Memory or QCIM. The collaboration targets digital assets, stablecoins, IoT, fintech, and defense applications as it aims to deliver high-performance, energy-efficient, and commercially deployable quantum-resistant hardware.

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