2 Top-Rated Quantum Computing Stocks to Buy on the Dip

While the AI-driven rally in technology stocks has created immense wealth, there is an underlying concern about valuations. As Microsoft (MSFT) reported Q2 earnings, the stock fell by almost 12% on concerns related to high capital expenditures and Azure’s revenue growth being just above expectations. This triggered a broader selloff in the technology sector, with quantum computing stocks being among the victims. 

However, for investors focused on long-term fundamentals, the correction seems like a good buying opportunity. To put things into perspective, McKinsey believes that the quantum computing market is expected to grow from $4 billion in 2024 to $72 billion by 2035. Further, if quantum computing, quantum communication, and quantum sensing are included, the market is likely to swell to $97 billion by 2035.