Value Stocks To Consider – May 8th

ProShares UltraPro Short QQQ, iShares Bitcoin Trust, Boeing, D-Wave Quantum, Asset Entities, Berkshire Hathaway, and Tempus AI are the seven Value stocks to watch today, according to MarketBeat’s stock screener tool. Value stocks are shares of companies trading at prices considered low relative to fundamental measures such as earnings, book value or dividend yield. Because they appear “undervalued” by the market, investors buy them in hopes that their true worth will eventually be recognized and their prices will rise. These stocks often appeal to those seeking long-term growth with potentially lower downside risk. These companies had the highest dollar trading volume of any Value stocks within the last several days.

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.

Shares of SQQQ stock traded down $1.41 during trading on Thursday, reaching $28.19. The company’s stock had a trading volume of 94,858,000 shares, compared to its average volume of 52,341,849. ProShares UltraPro Short QQQ has a 1-year low of $26.21 and a 1-year high of $57.95. The stock’s 50-day moving average price is $36.64 and its 200 day moving average price is $32.89.

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.

Shares of NASDAQ:IBIT traded up $2.87 during trading on Thursday, hitting $57.55. The company’s stock had a trading volume of 44,681,932 shares, compared to its average volume of 44,997,203. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75. The business has a 50 day moving average price of $49.24 and a two-hundred day moving average price of $51.52.

Boeing (BA)

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.

NYSE BA traded up $7.03 during trading hours on Thursday, hitting $192.59. 12,901,922 shares of the company were exchanged, compared to its average volume of 9,040,592. The company has a 50 day moving average of $165.87 and a two-hundred day moving average of $166.38. The firm has a market cap of $145.21 billion, a price-to-earnings ratio of -10.51 and a beta of 1.41. Boeing has a 52-week low of $128.88 and a 52-week high of $196.95.

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 up $3.50 during trading hours on Thursday, reaching $10.39. The stock had a trading volume of 199,746,994 shares, compared to its average volume of 35,603,953. The firm’s 50 day moving average is $7.18 and its 200-day moving average is $5.65. The stock has a market capitalization of $3.03 billion, a price-to-earnings ratio of -24.74 and a beta of 0.90. D-Wave Quantum has a 1 year low of $0.75 and a 1 year high of $11.95.

Asset Entities (ASST)

Asset Entities Inc., a technology company, provides social media marketing and content delivery services across Discord, TikTok, and other social media platforms. It designs, develops, and manages servers for communities on Discord. The company offers discord investment education, entertainment, and marketing services.

Asset Entities stock traded up $4.10 during mid-day trading on Thursday, hitting $7.49. The company had a trading volume of 219,688,515 shares, compared to its average volume of 7,270,237. The business has a fifty day moving average of $0.59 and a 200 day moving average of $0.63. Asset Entities has a 1 year low of $0.34 and a 1 year high of $8.69. The stock has a market cap of $107.95 million, a price-to-earnings ratio of -3.86 and a beta of 4.84.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

Shares of BRK.B traded down $2.47 during mid-day trading on Thursday, reaching $515.75. 2,912,037 shares of the company’s stock were exchanged, compared to its average volume of 4,228,513. The stock has a market capitalization of $1.11 trillion, a PE ratio of 10.42, a price-to-earnings-growth ratio of 3.45 and a beta of 0.88. The business’s fifty day simple moving average is $518.08 and its 200-day simple moving average is $484.05. Berkshire Hathaway has a 52-week low of $401.58 and a 52-week high of $542.07.

Tempus AI (TEM)

Tempus AI Inc. is a technology company advancing precision medicine through the practical application of artificial intelligence principally in healthcare. The company provides AI-enabled precision medicine solutions to physicians to deliver personalized patient care and in parallel facilitates discovery, development and delivery of optimal therapeutics.

NASDAQ TEM traded up $7.19 during trading hours on Thursday, hitting $65.95. 21,696,274 shares of the stock were exchanged, compared to its average volume of 5,961,376. The company has a current ratio of 2.69, a quick ratio of 2.55 and a debt-to-equity ratio of 8.17. Tempus AI has a 12-month low of $22.89 and a 12-month high of $91.45. The stock has a 50-day moving average of $47.93 and a 200 day moving average of $50.76.