Top Value Stocks To Add to Your Watchlist – October 10th

Invesco QQQ, CoreWeave, and Rigetti Computing are the three 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 fundamental metrics—such as price-to-earnings, price-to-book or dividend yield. Investors in value stocks look for bargains where the stock price trades below its estimated intrinsic value, expecting a price correction over time. This strategy contrasts with growth investing, which focuses on companies with rapidly rising earnings or revenues. 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.

CoreWeave (CRWV)

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.