IonQ stock: Too early, hold position

about 1 month ago

Parkev Tatevosian, CFA

"To answer the question, what do I think about ION Q stock right now? Do I think it's a buy, hold, or sell? For me personally, it's still too early stage for me to consider investing in this company. It's too speculative for me at this point. So, I will be rating this stock as a hold, but I can understand if you're the type of investor that's looking for very, very high risk, very, very high reward potential type of investments to consider ION Q."

The speaker reviews ION Q stock and highlights its volatile revenue pattern, noting that despite recent positive earnings surprises, recent events such as Amazon's exit and revenue volatility create concerns. He concludes that the stock is currently too speculative, recommending a hold position until there is more clarity on its breakthrough potential.

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