Value Stocks To Watch Today - October 18th

Key Points

• The five value stocks highlighted today are Invesco QQQ, Rigetti Computing, Intel, CoreWeave, and AltC Acquisition, recognized for their high trading volumes.
• Value stocks are typically older or out-of-favor businesses that trade below their intrinsic value, and they can pose a risk of being "value traps" if underlying issues persist.
• Invesco QQQ is a unit investment trust that seeks to replicate the performance of the Nasdaq-100 Index, providing investors exposure to major technology stocks.

Invesco QQQ, Rigetti Computing, Intel, CoreWeave, and AltC Acquisition are the five Value stocks to watch today, according to MarketBeat's stock screener tool. Value stocks are shares of companies that appear to trade for less than their estimated intrinsic value, often identified by metrics like low price-to-earnings or price-to-book ratios and relatively high dividend yields. Investors buy them expecting the market will reprice the stock higher over time; these firms are typically mature or out-of-favor businesses but can carry the risk of remaining cheap if underlying problems persist (a "value trap"). 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

CoreWeave (CRWV)

Read Our Latest Research Report on CRWV

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