Key Highlights
- For now, companies like Rigetti rely more on hype than fundamentals.
- 10 stocks we like better than Rigetti Computing › It's generally not a good idea to buy stocks that have recently rallied based on hype.
- If the stock price growth doesn't reflect an improvement in fundamental metrics like profit or cash flow, it probably won't last very long.
- Investors in Rigetti Computing (NASDAQ: RGTI) learned this the hard way.
- Shares in the quantum computing start-up are down by an eye-popping 60% from their all-time high of $56 reached in October.
