Promising Value Stocks Worth Watching – May 21st

Discover Financial Services, CoreWeave, Inc. Class A Common Stock, iShares Bitcoin Trust, ProShares UltraPro Short QQQ, D-Wave Quantum, Target, and Bank of America are the seven Value stocks to watch today, according to MarketBeat’s stock screener tool. Value stocks are shares of companies that appear to be trading below their intrinsic worth based on fundamental metrics like price-to-earnings or price-to-book ratios. Investors buy them in the expectation that the market will eventually recognize their true value and drive the price upward. These companies typically have stable earnings, dividends and lower growth prospects compared with “growth” stocks. These companies had the highest dollar trading volume of any Value stocks within the last several days.

Discover Financial Services (DFS)

Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; personal loans, home loans, and other consumer lending; and direct-to-consumer deposit products comprising savings accounts, certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts and checking accounts, and sweep accounts.

NYSE DFS traded down $2.73 during trading on Wednesday, hitting $197.76. 31,289,322 shares of the company’s stock traded hands, compared to its average volume of 1,789,095. The stock has a fifty day moving average of $173.80 and a two-hundred day moving average of $179.13. Discover Financial Services has a 12-month low of $119.95 and a 12-month high of $207.42. The firm has a market cap of $49.77 billion, a P/E ratio of 12.39, a PEG ratio of 1.51 and a beta of 1.16. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.09 and a quick ratio of 1.03.

CoreWeave, Inc. Class A Common Stock (CRWV)

Shares of CRWV traded up $15.23 during trading hours on Wednesday, hitting $105.47. The company had a trading volume of 53,178,000 shares, compared to its average volume of 16,126,641. CoreWeave, Inc. Class A Common Stock has a 52-week low of $33.51 and a 52-week high of $109.49.

iShares Bitcoin Trust (IBIT)

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.

IBIT stock traded up $0.05 during trading on Wednesday, hitting $60.96. 84,275,242 shares of the company traded hands, compared to its average volume of 45,182,379. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $62.53. The company has a 50-day moving average of $51.18 and a 200-day moving average of $52.84.

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.

SQQQ traded up $1.11 on Wednesday, hitting $24.70. 124,785,784 shares of the company were exchanged, compared to its average volume of 90,570,336. ProShares UltraPro Short QQQ has a 12 month low of $23.22 and a 12 month high of $57.95. The firm has a fifty day simple moving average of $34.66 and a two-hundred day simple moving average of $32.18.

D-Wave Quantum (QBTS)

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a fifth-generation quantum computer; Ocean, a suite of open-source python tools; and Leap, a cloud-based service that provides real-time access to a live quantum computer, as well as access to Advantage, hybrid solvers, the Ocean software development kit, live code, demos, learning resources, and a vibrant developer community.

Shares of NYSE:QBTS traded down $1.29 during trading on Wednesday, reaching $15.27. 198,871,370 shares of the company traded hands, compared to its average volume of 40,507,281. D-Wave Quantum has a 52-week low of $0.75 and a 52-week high of $19.43. The firm has a market capitalization of $4.45 billion, a price-to-earnings ratio of -36.49 and a beta of 0.90. The business’s fifty day moving average is $8.34 and its 200-day moving average is $6.35.

Target (TGT)

Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies.

NYSE:TGT traded down $4.77 during midday trading on Wednesday, reaching $93.35. 22,280,149 shares of the stock traded hands, compared to its average volume of 6,007,595. The stock has a market capitalization of $42.41 billion, a P/E ratio of 9.93, a PEG ratio of 1.94 and a beta of 1.27. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.25 and a current ratio of 0.94. The company has a fifty day moving average of $97.93 and a 200 day moving average of $121.12. Target has a 12 month low of $87.35 and a 12 month high of $167.40.

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 $1.47 during mid-day trading on Wednesday, reaching $43.23. The stock had a trading volume of 35,139,468 shares, compared to its average volume of 39,691,343. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.04. The stock’s 50-day moving average price is $40.23 and its two-hundred day moving average price is $43.59. The firm has a market capitalization of $325.57 billion, a PE ratio of 13.43, a price-to-earnings-growth ratio of 1.21 and a beta of 1.27. Bank of America has a 52-week low of $33.07 and a 52-week high of $48.08.