Best Value Stocks To Research – July 16th

Invesco QQQ, Circle Internet Group, Rigetti Computing, Sharplink Gaming, and Bank of America 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, typically trading at low price-to-earnings or price-to-book ratios and often offering attractive dividend yields. They usually belong to mature businesses with stable cash flows but slower growth prospects compared to high-flying “growth” stocks. Investors buy value stocks in the expectation that the market will recognize their true worth over time, driving the price up. 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 NASDAQ:QQQ traded up $0.52 on Wednesday, hitting $557.24. The company’s stock had a trading volume of 40,301,956 shares, compared to its average volume of 39,467,794. The stock’s 50-day moving average is $529.97 and its two-hundred day moving average is $506.17. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $560.80.

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.

Circle Internet Group stock traded up $43.41 during mid-day trading on Wednesday, hitting $238.74. The company’s stock had a trading volume of 36,034,163 shares, compared to its average volume of 37,586,547. The company has a market cap of $53.13 billion and a P/E ratio of -18,866.76. Circle Internet Group has a 52-week low of $64.00 and a 52-week high of $298.99.

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.

Rigetti Computing stock traded up $3.91 during mid-day trading on Wednesday, hitting $16.63. The company’s stock had a trading volume of 163,988,977 shares, compared to its average volume of 59,959,956. The firm’s 50 day moving average is $12.02 and its 200 day moving average is $11.05. The company has a market cap of $4.83 billion, a PE ratio of -23.46 and a beta of 1.43. Rigetti Computing has a 52-week low of $0.66 and a 52-week high of $21.42.

Sharplink Gaming (SBET)

SharpLink Gaming, Inc. operates as an online technology company that connects sports fans, leagues, and sports websites to sports betting and iGaming content. The company operates through four segments: Affiliate Marketing Services United States, Affiliate Marketing Services International, Sports Gaming Client Services, and SportsHub Games Network.

Sharplink Gaming stock traded up $8.95 during mid-day trading on Wednesday, hitting $37.92. The company’s stock had a trading volume of 68,084,381 shares, compared to its average volume of 3,480,816. Sharplink Gaming has a 52-week low of $2.26 and a 52-week high of $124.12. The firm’s 50 day moving average is $19.20 and its 200 day moving average is $9.78.

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 BAC stock traded down $0.16 during trading on Wednesday, reaching $45.99. The company had a trading volume of 47,628,064 shares, compared to its average volume of 40,647,165. The firm’s 50 day simple moving average is $45.21 and its two-hundred day simple moving average is $43.58. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.79 and a quick ratio of 0.78. Bank of America has a one year low of $33.07 and a one year high of $49.31. The company has a market capitalization of $346.38 billion, a PE ratio of 13.70, a PEG ratio of 1.28 and a beta of 1.30.