IONQ - IonQ Stock Outperformed the S&P 500 in 2023. Could It Do It Again in 2024?
2023-12-17 12:45:00 ET
This year hasn't just been a good one for IonQ (NYSE: IONQ) shareholders. It's been a great one. The computing-technology stock is up more than 300% since the end of 2022, and seemingly still going strong.
As the old adage goes, though, past performance is no guarantee of future results. There's no assurance IonQ will repeat the feat in the coming year.
Even so, shares of the market-beating company could still easily outpace whatever marketwide gains are in the cards for 2024, making the stock a compelling -- even if somewhat speculative -- buy. Here's why.
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IonQ Stock Outperformed the S&P 500 in 2023. Could It Do It Again in 2024?