Prediction: Quantum Computing Will Produce the Nasdaq's Best-Performing Stock of 2026 - Yahoo Finance
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Prediction: Quantum Computing Will Produce the Nasdaq's Best-Performing Stock of 2026
Adria Cimino, The Motley Fool
Tue, June 9, 2026 at 4:23 AM EDT 4 min read
^IXIC
+2.54%
NVDA
+2.22%
AMZN
+1.47%
Investors always look to get in on the next big thing in technology -- as such innovations usually result in major gains in revenue and stock performance for the companies involved. That's why investors have rushed to buy artificial intelligence (AI) stocks in recent years, and many of these players, from Nvidia to Amazon, have delivered the earnings growth and stock performance that have made this a winning bet.
But AI isn't the only new technology that has transformational potential. Quantum computing, with its ability to solve problems that are impossible for today's classical computers, also has drawn investor interest. Quantum computing involves using qubits -- instead of bits -- to process information. Companies have various approaches to designing qubits and driving their calculations, but one point remains constant: These particles allow for tremendous speed.
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A wide variety of players, from tech giants to small pure play quantum companies, are attempting to reach the goal of developing quantum computers that are useful for real-world problems. Now, my prediction is that quantum computing will produce the Nasdaq's best-performing stock of 2026.
Image source: Getty Images.
Quantum computing vs classical computing
So, first, let's consider how quantum computing differs from classical computing -- and the challenges quantum systems face right now. As mentioned, classical computers rely on bits, which store information as zeros or ones. Quantum computers use qubits, which can store information as a zero, a one, or both. When qubits are combined in superposition, the possibilities multiply, potentially allowing for tremendous computing power. But scaling isn't as easy as it may sound. Quantum computing companies face various challenges, including error production and the general fragility of qubits.
Companies create qubits in various ways, and the company I'll talk about here uses superconducting qubits, which operate at low temperatures and offer great speed.
This particular company that may soar in 2026 is Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). You may know Alphabet best for Google Search -- and Google Cloud, which is benefiting from the AI boom. But this well-established tech powerhouse is also making strides in the area of quantum computing.
Alphabet developed Willow, a chip that's demonstrated it can reduce errors exponentially as it scales up. This is crucial since, as mentioned, errors are a challenge that's keeping quantum computing from general usefulness.
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