Value Stocks To Add to Your Watchlist - October 2nd

Key Points

• Invesco QQQ, Intel, and Rigetti Computing are identified as the top three value stocks to watch, reflecting significant trading volume and potential for price appreciation as they are viewed as undervalued by investors.
• Intel Corporation specializes in computing and related products, operating across various segments, and is known for its extensive portfolio that includes CPUs, GPUs, and other semiconductor technologies.
• Rigetti Computing focuses on building quantum computers and offers access to its technology through a cloud-based service, representing a growing field in technology.

Invesco QQQ, Intel, and Rigetti Computing are the three Value stocks to watch today, according to MarketBeat's stock screener tool. Value stocks are shares of companies trading at prices considered low relative to fundamental indicators such as earnings, dividends or book value. Investors in value stocks believe the market has undervalued these firms and anticipate that their true worth will be recognized over time, driving share prices higher. This strategy often focuses on established companies with stable cash flows that appear temporarily out of favor. 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

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

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