Value Stocks To Follow Today - September 24th

Key Points

• The three value stocks highlighted today are Invesco QQQ, AltC Acquisition, and Rigetti Computing, known for high dollar trading volumes and perceived undervaluation.
• Rigetti Computing specializes in building quantum computers and offers access to these technologies through a cloud service.
• AltC Acquisition is primarily a blank-check company looking to merge or acquire other businesses, previously operating as Churchill Capital Corp VIII.

Invesco QQQ, AltC Acquisition, and Rigetti Computing are the three Value stocks to watch today, according to MarketBeat's stock screener tool. Value stocks are shares of companies that appear undervalued by the market, typically trading at lower price‐to‐earnings or price‐to‐book ratios than their peers. Investors in value stocks believe the market has overlooked these firms’ solid fundamentals—such as steady cash flows and dividend yields—and expect that recognition of their true worth will drive share prices higher. As a result, value investors seek bargains by buying into these mature, stable businesses when they’re 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

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

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