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Value Stocks To Follow Today - October 4th

Invesco QQQ logo with Finance background

Key Points

  • The five value stocks to watch today are Invesco QQQ, Rigetti Computing, Intel, Rocket Companies, and CoreWeave, identified by high trading volume and perceived discounts to their intrinsic value.
  • Invesco QQQ is a unit investment trust that tracks the performance of the Nasdaq-100 Index, providing investors exposure to the top non-financial companies listed on the Nasdaq stock exchange.
  • Rigetti Computing specializes in quantum computing and offers cloud access to its quantum processors, highlighting the growing interest in innovative technology sectors.
  • Five stocks to consider instead of Invesco QQQ.

Invesco QQQ, Rigetti Computing, Intel, Rocket Companies, and CoreWeave are the five Value stocks to watch today, according to MarketBeat's stock screener tool. Value stocks are shares of companies trading at a discount to their perceived intrinsic value, often identified by low price-to-earnings or price-to-book ratios. Investors in value stocks look for firms whose fundamentals—such as earnings, cash flow or assets—appear under-appreciated by the market, expecting their prices to rise as the market corrects the mispricing. 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

Rocket Companies (RKT)

Rocket Companies, Inc., a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business.

Read Our Latest Research Report on RKT

CoreWeave (CRWV)

Read Our Latest Research Report on CRWV

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Invesco QQQ Right Now?

Before you consider Invesco QQQ, you'll want to hear this.

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