Value Stocks To Add to Your Watchlist – May 12th

ProShares UltraPro Short QQQ, Berkshire Hathaway, iShares Bitcoin Trust, JPMorgan Chase & Co., and PDD are the five Value stocks to watch today, according to MarketBeat’s stock screener tool. Value stocks are shares of companies trading at prices below their estimated intrinsic value, based on fundamentals like earnings, cash flow and book value. Investors look for low price-to-earnings or price-to-book ratios, believing the market has underpriced these companies. Over time, they expect the stock price to rise as the market recognizes the company’s true worth. 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.

ProShares UltraPro Short QQQ stock traded down $3.11 during midday trading on Monday, reaching $25.69. The stock had a trading volume of 119,315,277 shares, compared to its average volume of 53,169,842. ProShares UltraPro Short QQQ has a 12 month low of $25.17 and a 12 month high of $57.95. The company has a fifty day moving average price of $36.44 and a two-hundred day moving average price of $32.75.

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.

BRK.B stock traded down $0.97 during mid-day trading on Monday, reaching $512.77. 4,647,595 shares of the company traded hands, compared to its average volume of 4,256,293. Berkshire Hathaway has a fifty-two week low of $401.58 and a fifty-two week high of $542.07. The firm’s 50 day moving average price is $518.53 and its 200 day moving average price is $484.92. The stock has a market cap of $1.11 trillion, a price-to-earnings ratio of 10.36, a P/E/G ratio of 3.45 and a beta of 0.88.

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.

iShares Bitcoin Trust stock traded down $0.74 during trading on Monday, hitting $57.92. The stock had a trading volume of 39,950,449 shares, compared to its average volume of 44,960,402. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75. The stock’s 50 day moving average is $49.60 and its two-hundred day moving average is $51.98.

JPMorgan Chase & Co. (JPM)

JPMorgan Chase & Co. is a financial holding company, which engages in the provision of financial and investment banking services. It focuses on investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It operates through the following segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate.

JPM stock traded up $6.93 during midday trading on Monday, reaching $260.01. 6,635,021 shares of the company’s stock traded hands, compared to its average volume of 9,623,821. The firm has a market capitalization of $722.59 billion, a PE ratio of 13.17, a price-to-earnings-growth ratio of 2.83 and a beta of 1.07. JPMorgan Chase & Co. has a 52 week low of $190.88 and a 52 week high of $280.25. The company has a 50-day moving average price of $238.28 and a two-hundred day moving average price of $245.82. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.89 and a current ratio of 0.88.

PDD (PDD)

PDD Holdings Inc., a multinational commerce group, owns and operates a portfolio of businesses. It operates Pinduoduo, an e-commerce platform that offers products in various categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverage, electronic appliances, furniture and household goods, cosmetics and other personal care, sports and fitness items and auto accessories; and Temu, an online marketplace.

NASDAQ:PDD traded up $6.67 during midday trading on Monday, hitting $116.32. The company had a trading volume of 12,854,008 shares, compared to its average volume of 11,171,473. The stock’s fifty day moving average price is $109.90 and its 200-day moving average price is $109.46. The company has a quick ratio of 2.15, a current ratio of 2.15 and a debt-to-equity ratio of 0.02. PDD has a 52-week low of $87.11 and a 52-week high of $164.69. The company has a market capitalization of $160.05 billion, a PE ratio of 11.36, a P/E/G ratio of 0.32 and a beta of 0.57.