With its stock exploding 755% YTD, Rigetti Computing ( NASDAQ:RGTI ) has been among the best investments this year.Individuals who bet $10,000 at the beginning of January will have seen their investment explode to an astounding $85,500. The amazing climb of Rigetti coincides with a period of increasing interest in the field of quantum computing, which experts predict could eventually be the next major technology following artificial intelligence.

Through partnerships with the likes of Riverlane on quantum error correction and NVIDIA on quantum machine learning, Rigetti has been among the leaders of the quantum computing race. Furthermore generating value for the stock will be the fast-growing interest in quantum computing as a transforming new technology combined with the U.S. government's initiatives to move the needle for the industry. Having raised an amazing $100 million for its fundraising campaign would assist the corporation to pay off debt and support future projects by strengthening its finances. Looking ahead, Rigetti's leadership as a forerunner in the rapidly evolving field of fast-changing quantum computing will continue to be essential in driving the stock.

This article first appeared on GuruFocus .