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explosive growth in the tech sector. The consultants at McKinsey Digital have estimated that the industry could be worth as much as $1.3 billion by 2035, though there's a lot of uncertainty.If that huge number becomes reality, successful quantum computing companies are going to make their investors very happy. Here are two picks to consider buying this month.Image source: Getty Images.Quantum physics experts Christopher Monroe and Jungsang Kim started IonQ (NYSE: IONQ) in 2015. Six years later, it became the first pure-play quantum computing company to go public.Since the technology is still in the early stages, and it's IonQ's only business, the company isn't profitable yet. Its revenue nearly doubled to $43.1 million last year, but its costs also increased, leading to a net loss of $331.6 million.Profitability is likely still several years away. CEO Peter Chapman believes it will happen by 2030 and is projecting sales near $1 billion at that point. Fortunately, IonQ has a strong balance sheet and recently sold $1 billion in common stock, giving it nearly $1.7 billion in cash and equivalents it can tap.What makes IonQ unique compared to other quantum computing companies is its trapped-ion technology. These computers store data using quantum bits, or qubits for short. The most widely used quantum computing method is superconducting qubits. IonQ's computers use trapped ions that are controlled with precise laser pulses.Trapped-ion technology has a few notable advantages. It delivers high fidelity, a term that refers to the accuracy of a quantum computer. One of the major quantum computing challenges is eliminating errors. No company has solved this yet, but IonQ achieved a significant breakthrough in September 2024, when it reported it had the first trapped-ion quantum system to surpass 99.9% fidelity.Trapped-ion qubits also have longer coherence times. Qubits decay over time and lose their quantum properties. Coherence time refers to the amount of time a qubit can maintain its quantum state. With solid-state quantum computing systems, coherence time is normally measured in microseconds to milliseconds. Trapped-ion systems measure coherence time in seconds to minutes, so it's a sizable difference.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,296.79 -0.57 (-0.01%)Dow 3044,342.19 -142.30 (-0.32%)Nasdaq20,895.66 +10.01 (+0.05%)Russell 20002,240.01 -13.68 (-0.61%)VIX16.41 -0.11 (-0.67%)Gold3,358.30 +13.00 (+0.39%)PortfolioSign in to access your portfolioSign inTop gainersSTEM Stem, Inc. 13.50 +4.23 (+45.63%)TLN Talen Energy Corporation 328.63 +64.63 (+24.48%)CRSP CRISPR Therapeutics AG 65.13 +10.04 (+18.22%)IVZ Invesco Ltd. 19.92 +2.64 (+15.28%)SOC Sable Offshore Corp. 31.69 +3.35 (+11.82%)Top losersMLGO MicroAlgo Inc. 14.66 -3.12 (-17.57%)ARWR Arrowhead Pharmaceuticals, Inc. 16.76 -2.09 (-11.09%)MOH Molina Healthcare, Inc. 182.98 -21.27 (-10.41%)ELV Elevance Health, Inc. 277.09 -25.36 (-8.38%)STNE StoneCo Ltd. 13.67 -1.24 (-8.32%)Most activeLCID Lucid Group, Inc. 3.0400 -0.0800 (-2.56%)QS QuantumScape Corporation 14.64 +1.04 (+7.65%)NVDA NVIDIA Corporation 172.41 -0.59 (-0.34%)WBD Warner Bros. 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