Alphabet was named a top quantum computing stock to buy, driven by recent technological breakthroughs, including the Willow processor and a new algorithm running 15,000 times faster than traditional methods.
- The Willow processor, introduced in late 2024, solved a complex problem in just five minutes, a task that would require traditional supercomputers 10 septillion years.
- Analysts view the stock as well-positioned for long-term gains, citing its attractive valuation (P/E of 33x) and $24.6 billion in free cash flow.
- Alphabet's stock closed January 19 at $329.55, trading slightly lower by 0.14% after hours.