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Jim Cramer - Mad Money IonQ, Inc. IONQ-N SELL Jan 08, 2025

Nvidia CEO, Jensen Huang, said that quantum computing has a long way to go, which crushed quantum computing stocks today. This sector got overheated. These stocks have even more downside ahead. They're losing tons of money and have zero or very little revenue. Frothy and excessive. It's not too late to sell.

Jim Cramer - Mad Money

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DON'T BUY

They're losing money.

SELL

All tech stocks are in freefall--and these are companies doing well, and this isn't one of them. This is losing money.

DON'T BUY

It's been parabolic, so too risky. You could get killed.

DON'T BUY

Low revenues, losing a lot of money.

RISKY

Quantum computing now is in a classic hype cycle. Don't take any options. Take some profits. There's a lot of volatility in this space; these companies are not profitable. But in a few years, you will wish you had got in on the ground floor.

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TOP PICK

IonQ, Inc. develops and manufactures quantum computers. The firm specializes in quantum computing and quantum information processing. The company was founded by Christopher Monroe and Jung Sang Kim in 2015 and is headquartered in College Park, MD. Social media mentions are up 310% in the past 24h.

PARTIAL SELL

She bought it around $12-15. She trimmed her holding because it's highly volatile, though huge upside is possible. Likes it overall.

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TOP PICK

To build the world’s best quantum computers to solve the world’s most complex problems. Social media mentions are up 63% in the past 24h.

RISKY

Has trimmed it twice, now a small position. Very volatile. Nvidia will have a quantum day next week, so watch or that. IONQ is one of the leaders in quantum computing. Still likes it.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Jim Cramer - Mad Money IonQ, Inc. IONQ-N SELL Jan 08, 2025

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🔒 Premium Content Alert – This buzzing stock opinion is accessible only to Premium members

IonQ, Inc.(IONQ-N)

IonQ, Inc.(IONQ-N)

🔒 Premium Content Alert – This buzzing stock opinion is accessible only to Premium members

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