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Quantum computing has become a hot investment theme, promising to reshape industries with mind-bending processing power, solving complex problems that today’s supercomputers can’t even crack. When thinking of quantum stocks, big tech names like Alphabet (GOOGL), Microsoft (MSFT), and Nvidia (NVDA) often steal the spotlight alongside pure-play quantum companies such as IonQ (IONQ), D-Wave (QBTS) or Rigetti (RGTI). However, one unexpected “Buy”-rated contender that deserves attention right now is Honeywell (HON).
Honeywell is no stranger to high-growth opportunities, with its expertise spanning advanced manufacturing and industrial automation. While the conglomerate grabbed the spotlight in February with its bold plan to split into three independent companies focused on advanced materials, automation, and aerospace, one of its recent intriguing moves lies within its quantum computing ambitions. According to a source with direct knowledge of the matter, the company plans to take its Quantinuum unit public within the next two years, setting the stage for a major quantum IPO.
