Cramer: Quantum Computing Stocks Like Rigetti Are 'Trying So Hard To Walk It Up Now'

In the ever-evolving world of technology, Jim Cramer, host of Mad Money, has his eyes on quantum computing stocks like Rigetti Computing (RGTI), while expressing concerns about Super Micro Computer (SMCI). Cramer's insights provide valuable guidance for investors looking to capitalize on the potential of cutting-edge technologies while avoiding pitfalls.



Cramer recently discussed the potential of quantum computing stocks, highlighting Rigetti Computing as a company to watch. He noted that these stocks are all parabolic, with Rigetti being no exception. The company specializes in quantum computing, a field with immense potential to revolutionize various industries. Cramer believes that investing in innovative, cutting-edge technologies can lead to significant returns, making Rigetti an attractive investment opportunity.



However, Cramer also cautioned investors about the risks associated with quantum computing stocks. He pointed out that these stocks are all the same, with no clear leader in the sector. This lack of differentiation makes it difficult for investors to identify the best opportunities. Additionally, Cramer noted that the market is setting a low bar for progress in quantum computing, with overly ambitious expectations.

Cramer's perspective on quantum computing stocks aligns with the broader market sentiment, which has been more cautious about the sector's immediate potential. Investors are increasingly aware of the long development timelines associated with quantum computing and the high risks involved in investing in early-stage technologies.



In contrast to his bullish stance on quantum computing stocks, Cramer expressed concerns about Super Micro Computer (SMCI). He highlighted several factors contributing to the company's weak second quarter performance, including supply chain disruptions, component shortages, and increased competition. These challenges have negatively impacted SMCI's stock price, which has lagged behind other tech stocks in the same period.

Cramer's investment advice for SMCI would likely be cautious, given the company's recent performance and the challenges it faces. He might recommend investors to avoid the stock until the company can demonstrate improved performance, address the challenges it faces, and show signs of growth. Additionally, Cramer might suggest diversifying one's portfolio to mitigate the risk associated with a single underperforming stock.

In conclusion, Jim Cramer's insights on quantum computing stocks like Rigetti Computing and his concerns about Super Micro Computer provide valuable guidance for investors looking to capitalize on the potential of cutting-edge technologies while avoiding pitfalls. By staying informed about the latest developments in the tech sector and maintaining a balanced perspective, investors can make more informed decisions and build a stronger portfolio.