Invesco QQQ, Circle Internet Group, and CoreWeave 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, trading at prices low relative to fundamental metrics such as earnings, dividends or book value. They typically exhibit low price-to-earnings, price-to-book or price-to-cash-flow ratios compared with their peers. Investors buy value stocks with the expectation that the market will eventually recognize and correct the undervaluation, leading to price appreciation. 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.
QQQ traded down $2.16 during trading hours on Friday, hitting $526.83. The stock had a trading volume of 61,548,834 shares, compared to its average volume of 38,638,249. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $540.81. The company's fifty day simple moving average is $500.57 and its 200 day simple moving average is $503.42.
Read Our Latest Research Report on QQQ
Circle Internet Group (CRCL)
Founded in 2013, Circle's mission is to raise global economic prosperity through the frictionless exchange of value. We intend to connect the world more deeply by building a new global economic system on the foundation of the internet, and to facilitate the creation of a world where everyone, everywhere can share value as easily as we can today share information, content, and communications.
NYSE:CRCL traded up $42.38 on Friday, reaching $241.97. 91,500,336 shares of the company's stock were exchanged, compared to its average volume of 35,638,504. The firm has a market capitalization of $53.85 billion and a PE ratio of -19,122.02. Circle Internet Group has a 52 week low of $64.00 and a 52 week high of $248.88.
Read Our Latest Research Report on CRCL
CoreWeave (CRWV)
Shares of CRWV stock traded up $13.58 during trading on Friday, reaching $183.58. 31,194,934 shares of the company's stock traded hands, compared to its average volume of 27,610,938. The stock has a 50-day moving average price of $91.91. CoreWeave has a 1 year low of $33.51 and a 1 year high of $187.00.
Read Our Latest Research Report on CRWV
Further Reading
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