Best Value Stocks To Add to Your Watchlist - August 13th

Key Points

• Invesco QQQ, BitMine Immersion Technologies, and UnitedHealth Group are highlighted as the top value stocks to watch, based on their impressive recent trading volumes.
• Invesco QQQ has a 12-month trading range from $402.39 to $583.32, and is designed to mirror the performance of the Nasdaq-100 Index.
• UnitedHealth Group's stock surged $9.66, reaching $271.23, with a market cap of $246.05 billion and a relatively low price-to-earnings ratio of 11.74.

Invesco QQQ, BitMine Immersion Technologies, and UnitedHealth Group are the three Value stocks to watch today, according to MarketBeat's stock screener tool. Value stocks are shares of companies that appear undervalued by the market, typically trading at lower price-to-earnings or price-to-book ratios than their peers. Investors buy them expecting the market to recognize the company’s true worth over time, leading to price appreciation and reduced downside risk. These companies had the highest dollar trading volume of any Value stocks within the last several days.

Invesco QQQ (QQQ)

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust's investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.

Shares of NASDAQ:QQQ traded up $0.14 during trading on Wednesday, hitting $580.19. 30,944,947 shares of the stock were exchanged, compared to its average volume of 44,723,141. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $583.32. The company has a fifty day moving average price of $551.05 and a two-hundred day moving average price of $512.86.

Read Our Latest Research Report on QQQ

BitMine Immersion Technologies (BMNR)

BitMine Immersion Technologies, Inc. is a financial services company in the Banking industry.

Shares of NASDAQ BMNR traded down $0.74 during trading on Wednesday, reaching $61.70. The company had a trading volume of 95,572,905 shares, compared to its average volume of 10,461,278. The stock has a market cap of $265.50 million and a price-to-earnings ratio of -140.23. BitMine Immersion Technologies has a twelve month low of $1.93 and a twelve month high of $161.00.

Read Our Latest Research Report on BMNR

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

UNH stock traded up $9.66 on Wednesday, hitting $271.23. 14,400,397 shares of the company were exchanged, compared to its average volume of 12,113,030. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.85 and a quick ratio of 0.85. UnitedHealth Group has a twelve month low of $234.60 and a twelve month high of $630.73. The stock has a market capitalization of $246.05 billion, a price-to-earnings ratio of 11.74, a price-to-earnings-growth ratio of 1.63 and a beta of 0.43. The business's fifty day moving average is $289.94 and its two-hundred day moving average is $402.24.

Read Our Latest Research Report on UNH

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