Xanadu Quantum Technologies (XNDU.TO)

He initially bought 1/3. Will look to add more around $16.25. His 12-month price target is $60.15. Fantastic company, really smart people, good at execution. Pure play photonic (using light) computing. Reported on May 14, everything was fine.

It makes no money.

Quantum computing is a really exciting area in terms of maximizing compute. Uses photonics. If you think of AI as a sliding scale of improvement, quantum will be a binary event. There will be Before Quantum and After Quantum. Stock popped when NVDA said it was improving AI models using quantum.

This stock is a call option on quantum working overall. FCF won't be predictable in short term, more speculative.

Canadian company. Just went public a month or so ago. Chart resembles the Palantir IPO. On the photonic quantum computing side -- infrastructure part of the stack. Shares came down on founding shareholders selling shares. Great buying opportunity. 

Has about $300M in cash, which is not as much as some. Definitely buy here, another 1/3 at $13, and final 1/3 around $12.50. (Price target in USD.) No dividend.

One of two leaders in quantum computing in Canada. Don't add here. Depending on how big your position is, write some calls. If your position isn't big enough to do that, he'd take 1/3 off the table -- that way you're a winner whether it goes up or down.