Google unveils new quantum chip! This FTSE 100 stock offers a cheap way for me to invest

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Google unveils new quantum chip! This FTSE 100 stock offers a cheap way for me to invest

^{Published on 2024-12-11 07:41:06 - The Motley Fool UK}

Ben McPoland highlights a FTSE 100 stock that offers exposure to Google's parent company Alphabet and its efforts in quantum computing.

The article from Fool.co.uk discusses Google's recent unveiling of a new quantum computing chip, highlighting the potential advancements in computing technology. It points out that while quantum computing is still in its early stages, its development could revolutionize various industries. The article then shifts focus to a FTSE 100 company, suggesting that investors interested in quantum computing might consider this stock as a more accessible investment option. The company mentioned is Babcock International Group, which, although not directly involved in quantum computing, has a diversified portfolio that could benefit from technological advancements. The stock is described as undervalued, offering a high dividend yield and a low price-to-earnings ratio, making it an attractive option for those looking to invest in companies that might indirectly benefit from quantum computing developments.

Read the Full The Motley Fool UK Article at:
[ https://www.fool.co.uk/2024/12/11/google-unveils-new-quantum-chip-this-ftse-100-stock-offers-a-cheap-way-for-me-to-invest/ ]

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Google unveils new quantum chip! This FTSE 100 stock offers a cheap way for me to invest