Top Value Stocks To Watch Now - October 9th

Key Points

• Invesco QQQ, Rigetti Computing, and Intel are named as key value stocks to watch, based on their recent trading volume and perceived undervaluation.
• Value stocks are typically characterized by low price-to-earnings ratios and are purchased with the expectation that their true value will be realized.
• Rigetti Computing specializes in quantum computing technology and offers its quantum processors through a cloud service model.

Invesco QQQ, Rigetti Computing, and Intel are the three Value stocks to watch today, according to MarketBeat's stock screener tool. Value stocks are shares of companies that appear to be trading below their intrinsic or “true” value based on fundamentals such as earnings, dividends, or book value. They often exhibit low price-to-earnings or price-to-book ratios compared with peers. Investors buy value stocks anticipating that the market will eventually recognize their underlying strength and drive the price higher. 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

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