D-Wave Has Many Positive Attributes, But There’s a Better Name in the Quantum Sector

There's a great deal to like about quantum firm D-Wave (QBTS), including its promising technologies, its rapidly growing bookings and backlog, the investment that it received from the U.S. government, and its impressive list of customers.

However, Quantinuum (QNT), whose IPO was launched by majority owner Honeywell (HON), also has all of these attributes. However, its revenue, backlog, and cash reserves are meaningfully larger than those of D-Wave. Due to these points, I view QNT stock as the better, safer pick for investors for now.