Value Stocks To Follow Today - October 13th

Key Points

• The three Value stocks to watch today are Invesco QQQ, Rigetti Computing, and AltC Acquisition, identified for their significant trading volume.
• Rigetti Computing specializes in building quantum computers and offers quantum processing as a service, showcasing innovation in technology.
• AltC Acquisition is focused on potential mergers and acquisitions, operating as a blank-check company with the goal of identifying promising investment opportunities.

Invesco QQQ, Rigetti Computing, and AltC Acquisition are the three Value stocks to watch today, according to MarketBeat's stock screener tool. Value stocks are shares of companies that appear cheap relative to their fundamental measures—such as earnings, cash flow, or book value—leading investors to believe the market has undervalued the business. They often have low price-to-earnings or price-to-book ratios, stable cash flows or dividends, and attract investors who expect long-term appreciation as the market recognizes the company's intrinsic value. 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

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