Rigetti is a strong buy as it secured $100 million in government funding and is releasing a qubit processor that could prove quantum works for real commercial problems.
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The creator discusses three stocks that Donald Trump has bought or that have received government contracts...
The creator discusses three stocks that Donald Trump has bought or that have received government contracts under his administration, suggesting they are good investment opportunities. The stocks mentioned are Dell, Palantir, IBM, IonQ, and Rigetti.
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IonQ is a buy due to 755% revenue growth and secured government contracts, though it carries higher risk and upside potential.
IBM is recommended due to receiving a $1 billion government award for quantum computing, making it the least risky of the three mentioned quantum stocks.
Following a 16% stock drop, Trump tweeted positively about Palantir, calling it a good company, after which the stock immediately reversed.
The creator recommends buying Dell, citing a $9.7 billion Pentagon contract and a significant stock price increase from $126 to $421.