Value Stocks To Watch Today - October 19th

Key Points

• Seven value stocks to watch today include Invesco QQQ, Rigetti Computing, Intel, CoreWeave, AltC Acquisition, Oklo, and JPMorgan Chase & Co., identified by their high trading volumes and perceived undervaluation.
• Value stocks are typically characterized by trading below their intrinsic worth, often measured by low price-to-earnings or price-to-book ratios, leading investors to expect future price gains.
• JPMorgan Chase & Co. provides a range of financial services, including investment banking and asset management, making it a notable player within the value stocks lineup.

Invesco QQQ, Rigetti Computing, Intel, CoreWeave, AltC Acquisition, Oklo, and JPMorgan Chase & Co. are the seven 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 worth based on fundamentals like earnings, cash flow, or book value, often signaled by low price-to-earnings or price-to-book ratios. Investors buy them expecting the market to eventually recognize that undervaluation and drive price gains, and these companies are frequently mature, lower-growth firms that may pay higher dividends. 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

Oklo (OKLO)

Oklo Inc. designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.

Read Our Latest Research Report on OKLO

JPMorgan Chase & Co. (JPM)

JPMorgan Chase & Co. is a financial holding company, which engages in the provision of financial and investment banking services. It focuses on investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It operates through the following segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate.

Read Our Latest Research Report on JPM