Quantum Computing Hype Overshadows Present Value Stocks
IonQ's $25 billion market cap defies conventional valuation metrics, with less than $100 million in revenue underscoring the speculative frenzy around quantum computing. While the technology promises revolutionary productivity gains, commercialization remains uncertain—making current valuations a high-stakes gamble.
Remitly Global and Portillo's emerge as counterplays, grounded in tangible business models. Remitly's 42% decline from 2025 highs reflects market jitters over U.S. immigration policies and a nominal 1% remittance tax, yet its mobile-first disruption of legacy players like Western Union retains long-term potential. These equities represent calculated bets on existing cash flows rather than distant technological moonshots.