The quantum computing sector has a new fan on Wall Street, as Canaccord Genuity became the latest to recommend a stock in the burgeoning industry. Analyst Kingsley Crane initiated coverage on D-Wave Quantum on Wednesday with a $20 price target. Shares were up 8.8% at $19.13 in recent trading.

NVIDIA Corporation’s NVDA shares have risen 27.1% so far this year, mainly due to its advances in artificial intelligence (AI). Meanwhile, D-Wave Quantum Inc. QBTS has seen an even larger increase in its share price,

D-Wave Quantum has seen its stock price surge dramatically over the past year, fueled by a general excitement around the advanced technology. While quantum computing holds long-term promise, investors should remember this is a technology in its very early days.