5 Millionaire-Maker Quantum Computing Stocks to Buy Now
2026-09-28 11:30
•Geoffrey Seiler •The Motley Fool
•• ••••••• Axe Cap view
Quantum Computing: Futuristic Bets on the JSE?
Quantum computing is enticing, but local investors should tread carefully for now.
Quantum computing grabs headlines for its promise to revolutionise industries—from cryptography to pharma. The US tech giants and startups like IonQ, IBM, and Quantinuum are leaps ahead with breakthroughs in qubit accuracy and error correction. But that story plays out mostly offshore, leaving South African investors with limited direct options. Prosus and Naspers get some quantum exposure through their global tech holdings, but they’re far from pure plays on this field. Instead, keep a closer eye on the rand’s reaction to USD strength amid global tech sector jitters. A weaker rand can cushion local tech stocks but also raise input costs for companies like MTN and Shoprite. The real quantum leaps require patience as the technology, infrastructure, and markets mature beyond speculative pricing. If you’re intrigued, a small allocation to global ETFs or US-listed quantum plays via Rand-hedged instruments might make sense. But for domestic stocks, the quantum buzz is a watch, not a buy, for now. This stance could prove too cautious if a sudden breakthrough triggers strong local tech spillover or faster-than-expected commercialisation. this is just our opinion and not financial advice
Avoid heavy direct exposure to JSE stocks purporting to benefit from quantum advances. Instead, watch USD/ZAR closely as an indirect gauge and consider modest, hedged exposure to global quantum leaders only if you understand the risks.
- USD/ZAR
- Prosus
- Naspers
- Quantum tech breakthroughs happen faster than anticipated
- Rand volatility driven by unexpected USD moves
5/10
The article recommends a basket approach to quantum computing investments, highlighting five stocks: IonQ (trapped-ion method with 99.99% accuracy), Quantinuum (99.92% fidelity with strong software stack), D-Wave Quantum (quantum annealing leader expanding to gate-based systems), Infleqtion (neutral-atom approach targeting 99.9% fidelity), and IBM (mature company investing $10B+ in quantum technology with plans for fault-tolerant quantum computer by 2029).
Our take is based on reporting first published by The Motley Fool.
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