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Top Value Stocks To Watch Today - October 17th

Invesco QQQ logo with background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat identified five value stocks to watch: Invesco QQQ, Micron Technology, SpaceX, Intel, and CoreWeave. The list is based on the stocks’ recent high dollar trading volume among value-oriented companies.
  • Invesco QQQ tracks the Nasdaq-100, while Micron and Intel are semiconductor companies focused on memory, computing, data-center, AI, and related technologies.
  • SpaceX and CoreWeave round out the list, representing exposure to space-based communications and cloud infrastructure, respectively; investors should still consider the risks underlying any apparent undervaluation.
  • Five stocks we like better than Invesco QQQ.

Invesco QQQ, Micron Technology, SpaceX, Intel, and CoreWeave are the five Value stocks to watch today, according to MarketBeat's stock screener tool. Value stocks are shares of companies that appear undervalued relative to their fundamentals, such as earnings, book value, cash flow, or dividends. Investors buy them expecting the market to recognize their underlying worth over time, though they may carry risks if the company’s financial challenges are more serious than anticipated. 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

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.

Read Our Latest Research Report on MU

SpaceX (SPCX)

Our mission is to build the systems and technologies necessary to make life multiplanetary, to understand the true nature of the universe, and to extend the light of consciousness to the stars. To do this, we have formed the most ambitious, vertically integrated innovation engine on (and off) Earth with unmatched capabilities to rapidly manufacture and launch space-based communications that connect the world, to harness the Sun to power a truth-seeking artificial intelligence that advances scientific discovery, and ultimately to build a base on the Moon and cities on other planets.

Read Our Latest Research Report on SPCX

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.

Read Our Latest Research Report on INTC

CoreWeave (CRWV)

Read Our Latest Research Report on CRWV

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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