Value Stocks To Watch Now - November 13th

Key Points

• MarketBeat’s screener named Invesco QQQ, Micron, Sandisk, Nebius Group, and Intel among the value stocks with the highest recent dollar trading volume. A value label suggests a stock may be underpriced, but can also reflect underlying business challenges.
• The featured shares fell sharply on Friday: Micron closed at $770.63, Sandisk at $875.24, and Nebius at $117.44; all three traded well below their 50-day moving averages.
• Sandisk announced an 8-for-1 stock split, with shares scheduled to split November 20 and new shares to be issued after the November 19 market close.

Invesco QQQ, Micron Technology, Sandisk, Nebius Group, and Intel are the five Value stocks to watch today, according to MarketBeat's stock screener tool. Value stocks are shares of companies that investors believe are priced below their underlying worth, often based on measures such as earnings, assets, or cash flow. They may offer potential for gains if the market reassesses their value, but a low price can also reflect real business 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.

Shares of QQQ stock traded down $8.84 during trading hours on Friday, hitting $679.34. 29,357,992 shares of the company were exchanged, compared to its average volume of 48,082,824. The firm has a fifty day simple moving average of $718.62 and a 200 day simple moving average of $681.57. Invesco QQQ has a 52-week low of $555.60 and a 52-week high of $762.86.

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.

NASDAQ MU traded down $27.81 on Friday, hitting $770.63. 19,894,642 shares of the stock traded hands, compared to its average volume of 40,145,980. The business's fifty day moving average is $947.33 and its two-hundred day moving average is $762.45. Micron Technology has a 12 month low of $192.59 and a 12 month high of $1,255.00. The firm has a market capitalization of $871.91 billion, a price-to-earnings ratio of 10.34, a PEG ratio of 0.14 and a beta of 2.36. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.94 and a current ratio of 3.31.

Read Our Latest Research Report on MU

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.

Shares of SNDK traded down $62.22 during mid-day trading on Friday, hitting $875.24. The stock had a trading volume of 9,380,255 shares, compared to its average volume of 14,784,745. The firm has a market cap of $124.54 billion, a P/E ratio of 6.98, a PEG ratio of 0.08 and a beta of 5.66. The business has a fifty day moving average price of $1,454.83 and a 200-day moving average price of $1,273.54. Sandisk has a 52 week low of $183.00 and a 52 week high of $2,354.39.

Sandisk shares are scheduled to split on Friday, November 20th. The 8-1 split was announced on Thursday, October 29th. The newly created shares will be issued to shareholders after the closing bell on Thursday, November 19th.

Read Our Latest Research Report on SNDK

Nebius Group (NBIS)

Nebius Group N.V., a technology company, builds intelligent products and services powered by machine learning and other technologies to help consumers and businesses navigate the online and offline world. The company's services include Nebius AI, an AI-centric cloud platform that offers infrastructure and computing capability for AI deployment and machine-learning oriented solutions; and Toloka AI that offers generative AI (GenAI) solutions at every stage of the GenAI lifecycle, such as data annotation and generation, model training and fine-tuning, and quality assessment of large language model for accuracy and reliability.

NBIS stock traded down $11.20 during midday trading on Friday, reaching $117.44. 41,077,564 shares of the company's stock traded hands, compared to its average volume of 18,798,592. The firm has a market capitalization of $29.72 billion, a PE ratio of -3,881.44 and a beta of 4.63. The company has a 50-day moving average price of $196.49 and a two-hundred day moving average price of $178.58. Nebius Group has a 52 week low of $73.52 and a 52 week high of $299.86. The company has a debt-to-equity ratio of 0.82, a quick ratio of 4.03 and a current ratio of 4.03.

Read Our Latest Research Report on NBIS

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.

NASDAQ INTC traded down $1.85 during trading hours on Friday, hitting $59.35. The company had a trading volume of 68,027,068 shares, compared to its average volume of 118,866,977. Intel has a 52 week low of $32.89 and a 52 week high of $142.35. The firm has a 50 day simple moving average of $95.61 and a 200 day simple moving average of $86.83. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.95 and a current ratio of 2.31. The firm has a market capitalization of $315.46 billion, a price-to-earnings ratio of -24.54, a PEG ratio of 6.68 and a beta of 2.42.

Read Our Latest Research Report on INTC

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