Best Value Stocks To Follow Today - October 15th

Key Points

• Invesco QQQ, Rigetti Computing, and Oklo are identified as key value stocks to monitor, based on their high trading volume and potential for correcting market mispricing.
• Rigetti Computing specializes in quantum computing, offering quantum processing units and cloud services, while Oklo Inc. focuses on developing fission power plants and nuclear fuel recycling services.
• The Invesco QQQ Trust aims to track the performance of the Nasdaq-100 Index, allowing investors to hold a broad portfolio of technology-based securities.

Invesco QQQ, Rigetti Computing, and Oklo 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 relative to their fundamentals—often evidenced by low price-to-earnings or price-to-book ratios or relatively high dividend yields—suggesting the stock price is below the company's intrinsic value. Investors buy value stocks expecting the market to correct the mispricing over time and the share price to rise, though such stocks can remain cheap or fall further if the underlying business faces lasting problems. 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.

Read Our Latest Research Report on QQQ

Rigetti Computing (RGTI)

Rigetti Computing, Inc., through its subsidiaries, builds quantum computers and the superconducting quantum processors. The company offers cloud in a form of quantum processing unit, such as 9-qubit chip and Ankaa-2 system under the Novera brand name; and sells access to its quantum computers through quantum computing as a service.

Read Our Latest Research Report on RGTI

Oklo (OKLO)

Oklo Inc. designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.

Read Our Latest Research Report on OKLO