Value Stocks Worth Watching - October 3rd

Key Points

• Invesco QQQ is a unit investment trust aimed at tracking the performance of the Nasdaq-100 Index, providing investors with diversified exposure to major technology stocks.
• Rigetti Computing specializes in quantum computing technology and offers access to its quantum processors through a cloud-based service.
• AltC Acquisition Corp. is currently seeking to engage in business combinations as it transitions from its previous identity as Churchill Capital Corp VIII.

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 undervalued by the market relative to their intrinsic worth, often measured by low price-to-earnings or price-to-book ratios. Investors in value stocks expect that, over time, the market will recognize the company’s true fundamentals and drive the share price higher. 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

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