Top Value Stocks To Follow Now – November 12th

Invesco QQQ, Micron Technology, and Sandisk are the three Value stocks to watch today, according to MarketBeat’s stock screener tool. Value stocks are shares that investors believe are priced below their worth based on measures such as earnings, book value, or cash flow. They often belong to established companies and may pay dividends, but their low prices can also reflect real business risks or limited growth prospects. 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 QQQ traded down $2.46 during trading hours on Thursday, hitting $687.92. The company had a trading volume of 26,999,927 shares, compared to its average volume of 48,119,742. Invesco QQQ has a 52-week low of $555.60 and a 52-week high of $762.86. The stock’s 50 day moving average price is $719.04 and its 200 day moving average price is $681.26.

Micron Technology (MU)

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.

MU stock traded down $16.10 during trading on Thursday, hitting $795.20. 21,865,611 shares of the company traded hands, compared to its average volume of 40,214,664. The company has a 50-day moving average of $950.48 and a 200-day moving average of $760.41. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.94 and a current ratio of 3.31. Micron Technology has a 1 year low of $192.59 and a 1 year high of $1,255.00. The firm has a market capitalization of $899.71 billion, a PE ratio of 10.72, a P/E/G ratio of 0.13 and a beta of 2.36.

Sandisk (SNDK)

SanDisk Corporation offers flash storage solutions. The Company designs, develops and manufactures data storage solutions in a range of form factors using flash memory, controller, firmware and software technologies. The Company operates through flash memory storage products segment. Its solutions include a range of solid state drives (SSD), embedded products, removable cards, universal serial bus (USB), drives, wireless media drives, digital media players, and wafers and components.

SNDK stock traded down $46.39 during midday trading on Thursday, hitting $931.30. The company had a trading volume of 10,506,227 shares, compared to its average volume of 14,796,683. Sandisk has a 52 week low of $183.00 and a 52 week high of $2,354.39. The stock’s 50 day moving average price is $1,467.15 and its 200 day moving average price is $1,271.20. The stock has a market cap of $132.51 billion, a price-to-earnings ratio of 7.47, a PEG ratio of 0.07 and a beta of 5.66.

Shares of Sandisk are going to split before the market opens on Friday, November 20th. The 8-1 split was announced on Thursday, October 29th. The newly minted shares will be issued to shareholders after the closing bell on Thursday, November 19th.