Top Value Stocks Worth Watching – October 16th

Invesco QQQ, AltC Acquisition, Rigetti Computing, CoreWeave, and Spring Valley Acquisition are the five Value stocks to watch today, according to MarketBeat’s stock screener tool. Value stocks are shares of companies that appear inexpensive relative to fundamental measures like earnings, book value, or cash flow—often showing low price-to-earnings or price-to-book ratios—indicating the market may be undervaluing the business. Investors buy value stocks expecting price appreciation when the market reassesses the company’s prospects or to gain income and downside protection, though they can remain undervalued for long periods. 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.

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.

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.

CoreWeave (CRWV)

Spring Valley Acquisition (SV)