Value Stocks Worth Watching - July 8th

Invesco QQQ, Circle Internet Group, and Bank of America are the three Value stocks to watch today, according to MarketBeat's stock screener tool. Value stocks are shares of companies that appear to be trading for less than their intrinsic or book value, often characterized by low price-to-earnings or price-to-book ratios. Investors buy them expecting that the market has undervalued the company’s fundamentals—such as earnings, dividends or assets—and that the share price will eventually rise to reflect true worth. Such stocks typically belong to mature firms with stable cash flows rather than high-growth businesses. 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.

Shares of Invesco QQQ stock traded up $0.14 during trading hours on Tuesday, reaching $552.17. The stock had a trading volume of 29,000,347 shares, compared to its average volume of 39,263,582. The firm has a 50 day simple moving average of $521.12 and a two-hundred day simple moving average of $504.84. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $557.20.

Read Our Latest Research Report on QQQ

Circle Internet Group (CRCL)

Founded in 2013, Circle's mission is to raise global economic prosperity through the frictionless exchange of value. We intend to connect the world more deeply by building a new global economic system on the foundation of the internet, and to facilitate the creation of a world where everyone, everywhere can share value as easily as we can today share information, content, and communications.

Shares of Circle Internet Group stock traded down $3.26 during trading hours on Tuesday, reaching $204.20. The stock had a trading volume of 20,655,695 shares, compared to its average volume of 42,863,965. The company has a market cap of $45.44 billion and a price-to-earnings ratio of -16,137.19. Circle Internet Group has a 1 year low of $64.00 and a 1 year high of $298.99.

Read Our Latest Research Report on CRCL

Bank of America (BAC)

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.

Shares of NYSE:BAC traded down $1.36 during mid-day trading on Tuesday, hitting $47.30. 66,635,202 shares of the company traded hands, compared to its average volume of 40,274,034. The firm has a market cap of $356.26 billion, a P/E ratio of 14.08, a PEG ratio of 1.33 and a beta of 1.30. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.78 and a current ratio of 0.79. Bank of America has a 52-week low of $33.07 and a 52-week high of $49.31. The firm's 50 day simple moving average is $44.46 and its 200 day simple moving average is $43.47.

Read Our Latest Research Report on BAC

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