Top Value Stocks To Follow Today - October 14th

Key Points

• Five Value stocks to watch today include Invesco QQQ, Rigetti Computing, AltC Acquisition, Oklo, and MP Materials, identified based on high trading volumes and perceived undervaluation.
• Rigetti Computing specializes in quantum computers and cloud-based quantum processing services, positioning itself in a rapidly growing sector.
• MP Materials is a key player in the rare earth materials market, owning and operating the Mountain Pass Rare Earth mine, crucial for the supply chain in various high-tech industries.

Invesco QQQ, Rigetti Computing, AltC Acquisition, Oklo, and MP Materials are the five 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 fundamentals such as earnings, book value, or cash flow. Investors buy them expecting the price will rise when the market recognizes the company's true worth; they often have lower P/E or P/B ratios and higher dividend yields than growth stocks, though they can remain cheap if the company's fundamentals are weakening. 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

AltC Acquisition (ALCC)

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.

Read Our Latest Research Report on ALCC

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

MP Materials (MP)

MP Materials Corp., together with its subsidiaries, produces rare earth materials. The company owns and operates the Mountain Pass Rare Earth mine and processing facility in North America. It holds the mineral rights to the Mountain Pass mine and surrounding areas, as well as intellectual property rights related to the processing and development of rare earth minerals.

Read Our Latest Research Report on MP