Dear reader,
Monday I showed you the government's $2 billion quantum commitment.
Yesterday I showed you IBM's $10 billion follow-through.
Both are important.
But today I want to talk about something different - a way to play this entire trend that most investors haven't even considered.
The Problem With The Obvious Quantum Trade
Right now, the market is treating quantum like a horse race. IBM (IBM) versus IonQ (IONQ) versus D-Wave (QBTS) versus Rigetti (RGTI).
Pick a winner, place your bet.
And I understand the appeal - that's how most technology investment cycles play out. You find the company with the best technology, the deepest moat, and the longest runway, and you own it.
But here's what bothers me about that approach in quantum specifically. We are still in the early innings of a technology that has at least three serious competing architectures - superconducting qubits, trapped ions, and quantum annealing - and credible arguments for each one.
Betting the farm on a single hardware winner right now is a high-conviction bet on a question that hasn't been answered yet. Some of the smartest people in the world genuinely disagree on which approach ultimately prevails.
What If You Didn't Have To Pick A Winner?
What if there was a company that gets paid by IBM, IonQ, D-Wave, and every other quantum hardware company simultaneously - regardless of who ultimately wins the race?
That company exists.
It's profitable today - which is almost unheard of in this sector.
It launched a brand-new quantum-specific product just three months ago, timed almost perfectly with the government's $2 billion announcement.
And Wall Street is still classifying it as something else entirely, which means the quantum premium hasn't been priced in yet.
The One Clue I'll Give You Today
I'm not going to name it today. This is the stock I'm most excited to talk about tomorrow and I want to give it the full explanation it deserves.
But I'll give you one clue: This company makes the equipment that validates quantum chips before they can function.
It sells to IBM, to IonQ, to the government labs, and to virtually every serious quantum program in the world. It doesn't matter who wins the hardware race - they're all buying from the same tollbooth.
Think about what that means in the context of everything I've shared this week.
The government just guaranteed that more quantum computers will be built. IBM just committed $10 billion to building more of them. And there is one company that collects a toll on most chips that comes out the other side - no matter whose name is on the box.
The Stock I've Been Building Toward All Week
That's tomorrow's story. And it's the one I think will matter most to your portfolio over the next two to three years.
Join me at 5pm ET tomorrow and find out more about this tollbooth collecting quantum company.
Tomorrow at 5pm ET I'm sharing my full quantum thesis — the stocks I'm watching, the IPO pricing this week, and the one name I've been building toward all week. Free to attend. Everything on the table.
Here’s to the future,
Matt McCall
Founder, NXT Wave Research
P.S. - This stock is already profitable, just launched a major new product, and is being completely ignored by every analyst covering quantum. I've never seen a setup like this in a sector moving this fast. Tomorrow at 5pm I'm walking through the whole thing. Be there.
