Should I Buy D-Wave (QBTS)? — Finance YouTuber Analysis

The YouTuber holds D-Wave as part of his individual quantum stock portfolio, which he describes as 'asymmetric bets' on companies with high growth potential. He notes that D-Wave uses quantum annealing, a distinct approach to quantum computing, and he invests in it with a small, survivable position, expecting significant returns if the technology proves successful.

“Now, for those of you that would rather own the individual stocks yourselves, let me show you exactly how I do it because I do own all four of these quantum names directly.” — ▶ 14:30

The YouTuber recommends D-Wave (QBTS) as a potentially safer quantum stock due to its focus on quantum annealing for optimization problems, which is a technology that works today with 135 customers. The company boasts software-like gross margins (65%) despite manufacturing complex hardware, indicating pricing power. An upcoming investor day in June and a strong cash position (eight years of cash on hand) are cited as catalysts.

“What I like about D-Wave is that they're producing software margins while they're manufacturing a incredibly complicated hardware. So their gross margin here, which is sort of their moat indicator, you know, how easy is it to replace them, is the 65% range.” — ▶ 14:50