After Soaring 40% in July, Is It Too Late to Buy This Supercharged Quantum Computing Stock?

Rigetti Computing (NASDAQ: RGTI) has had a phenomenal July, with the stock up around 40% at the time of writing, although it was up around 50% just a few days ago. Most investors would be pleased with that return over a multiyear time frame, let alone one year. However, considering the reason behind Rigetti Computing's rapid rise, this could be the beginning of an even larger movement.Last week, Rigetti announced a breakthrough with its Ankaa-3 system, which caused shares to soar on the announcement. This spike wasn't for nothing. Rigetti announced a real breakthrough that could vault it into the leadership position in the quantum computing race.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool