Value Stocks To Keep An Eye On - October 21st

Key Points

• The five Value stocks to monitor include Invesco QQQ, Beyond Meat, AltC Acquisition, Rigetti Computing, and CoreWeave, as identified by MarketBeat's stock screener tool.
• Value stocks are typically priced below their intrinsic value based on fundamental measures, attracting investors hoping for future recognition of the company's true worth.
• Invesco QQQ aims to correspond with the performance of the Nasdaq-100 Index, offering investors a way to purchase units representing interests in a diverse portfolio of securities.

Invesco QQQ, Beyond Meat, AltC Acquisition, Rigetti Computing, and CoreWeave are the five Value stocks to watch today, according to MarketBeat's stock screener tool. Value stocks are shares of companies that appear to be priced below their intrinsic or fair value based on fundamental measures such as earnings, book value, cash flow, or dividend yield. Investors buy value stocks expecting the market to eventually recognize the company’s true worth and drive the price up; these firms are often mature, lower‑growth businesses or companies facing temporary setbacks. 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

Beyond Meat (BYND)

Beyond Meat, Inc., a plant-based meat company, develops, manufactures, markets, and sells plant-based meat products in the United States and internationally. The company sells a range of plant-based meat products across the platforms of beef, pork, and poultry. It sells its products through grocery, mass merchandiser, club stores, and natural retailer channels, as well as various food-away-from-home channels, including restaurants, foodservice outlets, and schools.

Read Our Latest Research Report on BYND

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

CoreWeave (CRWV)

Read Our Latest Research Report on CRWV