Investors in Quantum Tech Can Look at Individual Stocks or Consider Defiance Quantum ETF
(Nasdaq.com) Investors looking to invest in quantum technology can either look at individual stocks or consider Defiance Quantum ETF (QTUM) to take exposure to companies developing and applying quantum computing and other advanced technologies according to contributor Prableen Bajpai.
Launched in April 2018, QTUM is a liquid, low-cost and efficient way to invest in the technology. The ETF tracks the BlueStar Quantum and Machine Learning Index, which tracks approximately 60 globally listed stocks across all market capitalizations.
Bajpai reviews companies active in quantum technology development including IBM (IBM), Google (GOOG, GOOGL), Intel (INTC), Amazon (AMZN)Microsoft (MSFT), Alibaba (BABA), Tencent (TCEHY), Nokia (NOK), Airbus, HP (HPQ), AT&T (T) Toshiba, Mitsubishi, SK Telecom, Raytheon, Lockheed Martin, Righetti, Biogen, Volkswagen and Amgen are researching and working on applications of quantum computing.
Disclaimer: The author of this article has no position in any stocks mentioned. Investors should consider the above information not as a de facto recommendation, but as an idea for further consideration. The report has been carefully prepared, and any exclusions or errors in reporting are unintentional.
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