IonQ, Inc. (IONQ)

When interest rates go up, these stocks are tough to own.

Her team is very excited about this. Use cases haven't scaled or been proven over the last 2-3 years. They've been looking at commercial applications, which are in a very experimental phase. Makes it hard to justify on risk/reward right now. Time to invest is once we see commercial acceleration.

Big players are IONQ and RGTI. Unclear which technology will be the winner.

His 12-month price target is $65. Strategic case has strengthened with its acquisitions this year. Buy here just over $55, and again ~$45. Trim when it gets to the price target.

In the space, he owns QUBT plus IONQ, QBTS, and QNC -- about a 4-4.5% position across all those names. Within 3 years, you can be sure that quantum computing is all we're going to be talking about. They're going to be able to do something we couldn't do before -- not that it does things faster, but it has more computational power. The area will change everything.

He'd buy a bit of each of these names.

The largest quantum computing stock, up 78% in the last 3 months with most gains coming after the recent analyst day then signed a MOU with the US Dept. of Energy.

Very difficult to place price targets, as it's so small. He added more at the beginning of this week. For it to be commercially viable and scalable is the better part of 3 years down the road. He'd never have more than a 1.5-2% position.

Not profitable, so don't put more than 2% in. Uses trapped ion technology, which uses ions suspended in electronic fields as qubits. No dividend.

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.

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

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.

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.

Low revenues, losing a lot of money.