Jul. 21 at 2:14 PM
$QBTS
Buy!
Despite near-term macro headwinds and a weak technical setup, D-Wave's strengthening fundamentals and strateaic execution support a constructive long-term outlook. The planned Nasdag listing, continued expansion into gate-model quantum computing and strong earnings expectations position the company favorably ahead of its second-quarter results. Consistent with its Zacks Rank #2 (Buy), we believe the recent pullback offers a buying opportunity for investors willing to look beyond near-term volatility while recognizing that technical weakness may persist until fresh business catalysts emerge.