Value Stocks To Watch Today - October 17th

Key Points

• Five Value stocks to watch today include Invesco QQQ, Rigetti Computing, and Intel, identified based on recent high trading volumes.
• Value stocks are typically shares of mature, out-of-favor companies trading below their intrinsic value, with potential for capital gains as the market recognizes their true worth.
• Rigetti Computing is focused on building quantum computers and offers access to its technology through quantum computing as a service, highlighting innovation within the value sector.

Invesco QQQ, Rigetti Computing, AltC Acquisition, Intel, 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 trading below their intrinsic or fair value based on fundamental measures such as low price-to-earnings or price-to-book ratios, high dividend yields, or discounted cash-flow estimates. Investors buy value stocks expecting the market will eventually recognize the company's true worth, producing capital gains and sometimes steady income; these firms are often mature, out-of-favor, or temporarily underperforming rather than high-growth. 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

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

CoreWeave (CRWV)

Read Our Latest Research Report on CRWV