A little dated but the PTF Pender Fund is moving ...........PTF... on TSX
posted on
Aug 14, 2017 05:10PM
We may not make much money, but we sure have a lot of fun!
This article takes a long view on the quantum computing industry, and how you might invest in it.
There are a number of publicly listed companies with exposure to the sector; here we consider three on the U.S. exchange and one Canadian listed fund.
Whilst there are no pure plays if quantum computing is the disruptive game changer it appears to be, whetting your beak could be worth the risk.
This article turns its attention to how you might take a position in quantum computing, as once this growing area really gets off the ground, it is likely to shake things up substantially. Whilst there are no publicly listed pure plays at present, there are ways to increase your exposure.
This includes BDC investments and a targeted buy. In this article, the former is considered in the shape of the long-beleaguered Harris & Harris (TINY) and the Canadian listed Pender Growth Fund (OTC:PNDDF) [PTF:CN] whilst a consideration of the latter approach takes in two well-known stocks: Microsoft (NASDAQ:MSFT) and Intel (NASDAQ:INTC).
Vern Brownell, CEO of D-Wave, on his company's quantum computing opportunity.
Source: The Guardian
According to MarketWatch, the quantum computing market is projected to top $5bn by 2020, not quite the big leagues yet. That said, from fintech, to big data, to hardware design, cybersecurity, general analysis services, information and systems modelling, biotechnology, and a host of other sectors, once quantum computing gains sufficient traction, we seem to be looking at, alongside AI, the face of the next wave of disruption.
In investment terms, there are host of quantum computing companies with significant VC support, but few are backed by public companies.
Three buck this trend: D-Wave, backed by, amongst others, Harris & Harris, Canada-based Pender Growth Fund, and Goldman Sachs (NYSE:GS), Post-Quantum, supported in part by London's Barclays (NYSE:BCS), and 1QBit, which have received support from CME Group (NASDAQ:CME) and the Royal Bank of Scotland (NYSE:RBS).
In terms of already listed IT giants making moves in the quantum world, Intel is not alone, IBM (NYSE:IBM), Microsoft, and Google (NASDAQ:GOOG) (NASDAQ:GOOGL), for instance, are also increasing their quantum investments.