Invesco QQQ, BitMine Immersion Technologies, and SoundHound AI are the three Value stocks to watch today, according to MarketBeat's stock screener tool. Value stocks are shares of companies that appear attractively priced relative to their fundamental metrics—such as low price-to-earnings or price-to-book ratios—suggesting the market may be undervaluing their true worth. These firms are often mature, cash-flow positive businesses that pay dividends and have stable earnings histories. Investors buy value stocks in hopes that the market will eventually recognize the company’s intrinsic value, driving the share 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.
QQQ stock traded up $5.31 during trading on Friday, reaching $574.55. 35,191,297 shares of the stock traded hands, compared to its average volume of 44,779,680. The business's 50 day moving average price is $549.00 and its 200-day moving average price is $512.37. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $574.77.
Read Our Latest Research Report on QQQ
BitMine Immersion Technologies (BMNR)
BitMine Immersion Technologies, Inc. is a financial services company in the Banking industry.
Shares of NASDAQ BMNR traded up $10.15 on Friday, hitting $51.43. The company had a trading volume of 91,287,887 shares, compared to its average volume of 7,950,903. BitMine Immersion Technologies has a 12-month low of $1.93 and a 12-month high of $161.00. The company has a market capitalization of $221.30 million and a price-to-earnings ratio of -116.89.
Read Our Latest Research Report on BMNR
SoundHound AI (SOUN)
SoundHound AI, Inc. develops independent voice artificial intelligence (AI) solutions that enables businesses across automotive, TV, and IoT, and to customer service industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as Application Programming Interfaces (API) for text and voice queries, support for custom commands, extensive library of content domains, inclusive software development kit platforms, collaboration capabilities, diagnostic tools, and built-in analytics; SoundHound Chat AI that integrates with knowledge domains, pulling real-time data like weather, sports, stocks, flight status, and restaurants; and SoundHound Smart Answering is built to offer customer establishments custom AI-powered voice assistant.
Shares of NASDAQ SOUN traded up $2.83 on Friday, hitting $13.55. The company had a trading volume of 206,161,228 shares, compared to its average volume of 36,324,236. SoundHound AI has a 12-month low of $4.32 and a 12-month high of $24.98. The business has a 50 day moving average of $10.76 and a two-hundred day moving average of $10.54. The firm has a market capitalization of $5.44 billion, a P/E ratio of -21.51 and a beta of 2.57.
Read Our Latest Research Report on SOUN
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