Value Stocks To Add to Your Watchlist – December 6th

Invesco QQQ, Snowflake, and ProShares UltraPro Short QQQ are the three Value stocks to watch today, according to MarketBeat’s stock screener tool. Value stocks are shares of companies trading at prices that appear low relative to their fundamentals—such as earnings, book value, or cash flow—often indicated by low price-to-earnings or price-to-book ratios and/or higher-than-average dividend yields. Investors buy value stocks expecting the market will eventually recognize the company’s intrinsic worth, providing capital appreciation and a margin of safety; these companies tend to be mature or temporarily out-of-favor rather than high-growth firms. 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.

Snowflake (SNOW)

Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally. Its platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data and data products, as well as applies artificial intelligence (AI) for solving business problems.

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.