Best Value Stocks To Follow Now - August 17th

Key Points

• Three value stocks currently highlighted by MarketBeat are Invesco QQQ, UnitedHealth Group, and Intel, all trading below their intrinsic value.
• UnitedHealth Group's stock hit $304.02, with a significant trading volume of 67,934,484 shares, reflecting strong market activity.
• Intel's stock rose to $24.56, showing an increase in trading volume, indicating heightened investor interest in the company's fundamentals and product offerings.

Invesco QQQ, UnitedHealth Group, and Intel are the three Value stocks to watch today, according to MarketBeat's stock screener tool. Value stocks are shares of companies that appear to be trading below their intrinsic or fundamental worth—typically reflected in low price-to-earnings, price-to-book or price-to-sales ratios. Investors buy them on the expectation that the market will eventually recognize their true value, leading to price appreciation or higher dividend yields. These stocks often belong to mature, stable businesses whose prices may be temporarily depressed by industry or economic headwinds. 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.

NASDAQ QQQ traded down $2.55 during trading hours on Friday, reaching $577.34. The company's stock had a trading volume of 49,393,990 shares, compared to its average volume of 44,038,980. The firm has a fifty day simple moving average of $554.13 and a 200-day simple moving average of $514.12. Invesco QQQ has a 52 week low of $402.39 and a 52 week high of $583.32.

Read Our Latest Research Report on QQQ

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 $32.53 during trading on Friday, hitting $304.02. The company had a trading volume of 67,934,484 shares, compared to its average volume of 19,286,994. The business has a 50-day moving average of $288.91 and a 200-day moving average of $396.85. UnitedHealth Group has a one year low of $234.60 and a one year high of $630.73. The stock has a market cap of $275.34 billion, a PE ratio of 13.17, a PEG ratio of 1.96 and a beta of 0.43. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.73.

Read Our Latest Research Report on UNH

Intel (INTC)

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.

INTC stock traded up $0.70 during trading on Friday, hitting $24.56. The company had a trading volume of 309,327,791 shares, compared to its average volume of 103,883,248. The business has a 50-day moving average of $21.81 and a 200-day moving average of $21.56. Intel has a one year low of $17.67 and a one year high of $27.55. The stock has a market cap of $107.50 billion, a PE ratio of -5.15 and a beta of 1.22. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42.

Read Our Latest Research Report on INTC

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