Is It Time to Sell Your Quantum Computing Stocks? Warren Buffett Has Some Great Advice for You
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Quantum computing stocks have been on an absolute tear recently as their companies announced major contract wins. But that was all topped off by JPMorgan Chase's announcement this week that it's investing $10 billion into strategic tech companies. That includes quantum computing businesses. But for quantum computing stocks to rise around 20% (some more, some less) following that news is troublesome.No specific investment was announced in any of these companies, and other massive industries were listed in the release -- such as supply chain and advanced manufacturing, defense and aerospace, energy technology, and frontier and strategic technologies (where quantum computing was lumped in). This raises concerns about the short-term nature of the quantum computing market. The combined rise of all quantum computing stocks was more than the overall $10 billion investment announced by JPMorgan Chase, so there's clearly not enough to go around.Observers have begun to speculate that there may be a quantum computing bubble forming. So is now the time to sell? I think Warren Buffett has some great advice for investors on what they should do.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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