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-0.00194678780012986 -0.00325762491888386 0.000350421804023352 -0.000648929266709915 -0.0129656067488645 -0.0175210902011682 -0.0123296560674887 0.0045425048669694
Stock impact report

Is Rigetti Computing Inc. (RGTI) the Best Debt-Free IT Stock to Buy Under $10? [Yahoo! Finance]

Rigetti Computing, Inc. (RGTI) 
Company Research Source: Yahoo! Finance
Inc. (NASDAQ:RGTI) stands against other best debt-free IT stocks to buy under $10. Debt generally has a negative connotation – it could be a burden on individuals, a government, or, in the case in discussion, an organisation. So, why do companies still accumulate debt? There are several reasons, but the primary reasons are – the cost of debt is cheaper than other financing options such as equity, debt doesn't lead to ownership in the company and doesn't dilute the owners' equity position in the business, and debt is cost-effective because interest on debt is tax-deductible. Debt can be used to fund expansion or operations, or even to pay down previous debt. It can also be used to invest in research and development without giving up control. On the other hand, debt has a fixed cost and interest rate, representing a significant potential threat to the company's operations and, in severe cases, its existence. Lenders can foreclose if interest and principal are not paid as agreed, pos Show less Read more
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