Top Value Stocks To Keep An Eye On - November 11th

Key Points

• Micron Technology, Invesco QQQ, Sandisk, CoreWeave, and Intel were identified by MarketBeat’s screener as value stocks to watch, based on their high recent dollar trading volume. The article notes that a low valuation may signal either an opportunity or underlying business challenges.
• All five stocks rose in Wednesday trading. CoreWeave and Intel saw especially heavy trading, with volumes of about 128 million and 100 million shares, respectively.
• Sandisk announced an 8-for-1 stock split, with shares scheduled to split on November 20; the new shares are to be distributed after the market closes November 19.

Micron Technology, Invesco QQQ, Sandisk, CoreWeave, and Intel are the five Value stocks to watch today, according to MarketBeat's stock screener tool. Value stocks are shares that investors believe are priced low relative to a company’s fundamentals, such as its earnings, assets, or cash flow. They may be undervalued or reflect real business challenges, so investors often look for signs the market price could rise as the company’s prospects become clearer. These companies had the highest dollar trading volume of any Value stocks within the last several days.

Micron Technology (MU)

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.

Shares of MU traded up $92.30 during mid-day trading on Wednesday, reaching $817.41. The company's stock had a trading volume of 27,809,982 shares, compared to its average volume of 40,257,824. The business has a fifty day moving average of $952.93 and a 200 day moving average of $758.35. The company has a market cap of $924.83 billion, a price-to-earnings ratio of 11.01, a price-to-earnings-growth ratio of 0.13 and a beta of 2.36. Micron Technology has a 1 year low of $192.59 and a 1 year high of $1,255.00. The company has a quick ratio of 2.94, a current ratio of 3.31 and a debt-to-equity ratio of 0.03.

Read Our Latest Research Report on MU

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 QQQ stock traded up $17.22 on Wednesday, reaching $691.98. 31,335,065 shares of the company's stock traded hands, compared to its average volume of 48,157,090. Invesco QQQ has a 12-month low of $555.60 and a 12-month high of $762.86. The business's 50 day moving average price is $719.39 and its two-hundred day moving average price is $680.92.

Read Our Latest Research Report on QQQ

Sandisk (SNDK)

SanDisk Corporation offers flash storage solutions. The Company designs, develops and manufactures data storage solutions in a range of form factors using flash memory, controller, firmware and software technologies. The Company operates through flash memory storage products segment. Its solutions include a range of solid state drives (SSD), embedded products, removable cards, universal serial bus (USB), drives, wireless media drives, digital media players, and wafers and components.

Sandisk stock traded up $135.54 during mid-day trading on Wednesday, hitting $995.53. The company's stock had a trading volume of 12,661,466 shares, compared to its average volume of 14,799,159. The firm's 50 day moving average is $1,478.33 and its 200 day moving average is $1,268.68. The company has a market cap of $141.65 billion, a PE ratio of 7.98, a price-to-earnings-growth ratio of 0.07 and a beta of 5.66. Sandisk has a 52-week low of $183.00 and a 52-week high of $2,354.39.

Shares of Sandisk are scheduled to split on the morning of Friday, November 20th. The 8-1 split was announced on Thursday, October 29th. The newly created shares will be distributed to shareholders after the market closes on Thursday, November 19th.

Read Our Latest Research Report on SNDK

CoreWeave (CRWV)

NASDAQ:CRWV traded up $11.63 on Wednesday, hitting $60.36. 128,182,979 shares of the company's stock traded hands, compared to its average volume of 32,908,863. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 5.53. CoreWeave has a 1 year low of $40.58 and a 1 year high of $138.25. The firm has a 50-day moving average price of $74.13 and a 200-day moving average price of $89.44. The company has a market cap of $27.70 billion, a PE ratio of -16.52 and a beta of 7.71.

Read Our Latest Research Report on CRWV

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.

Shares of INTC traded up $4.67 during trading hours on Wednesday, reaching $62.80. The company's stock had a trading volume of 100,496,002 shares, compared to its average volume of 119,121,055. The company has a 50 day moving average of $96.72 and a two-hundred day moving average of $86.64. The company has a quick ratio of 1.95, a current ratio of 2.31 and a debt-to-equity ratio of 0.47. The firm has a market cap of $333.77 billion, a price-to-earnings ratio of -26.06, a P/E/G ratio of 6.35 and a beta of 2.42. Intel has a 1-year low of $32.89 and a 1-year high of $142.35.

Read Our Latest Research Report on INTC

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