Should You Invest in Quantum Computing Stocks During the TACO Trade?
Quantum computing stocks have taken a breather this year, potentially making now an interesting time to pounce.
It's been a hard year for investors so far. As of market close on June 5, the S&P 500 and Nasdaq Composite indexes each have breakeven returns on the year. While this makes it incredibly difficult to make money in the stock market, there have been some pockets during which investors made out well if they chose to engage with higher-than-usual volatility.
By now, you may have come across a new acronym floating around financial circles called the "TACO" trade. Below, I'll detail what this means and why it's important.
From there, I'll dig into one of the new, hot areas fueling the artificial intelligence (AI) narrative: quantum computing.
