Value Stocks To Add to Your Watchlist – May 16th

CoreWeave, Inc. Class A Common Stock, iShares Bitcoin Trust, and Bank of America are the three Value stocks to watch today, according to MarketBeat’s stock screener tool. Value stocks are shares of companies that trade at prices low relative to fundamental measures—such as earnings, book value or cash flow—compared with the overall market or their industry peers. Investors buy them believing the market has underappreciated the firm’s intrinsic worth and that its share price will eventually rise to reflect true value. These stocks often come from established businesses with stable cash flows, moderate growth prospects and relatively attractive dividend yields. These companies had the highest dollar trading volume of any Value stocks within the last several days.

CoreWeave, Inc. Class A Common Stock (CRWV)

Shares of NASDAQ:CRWV traded up $16.11 during trading on Friday, hitting $81.88. 34,780,040 shares of the company traded hands, compared to its average volume of 13,776,985. CoreWeave, Inc. Class A Common Stock has a one year low of $33.51 and a one year high of $83.08.

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 up $0.41 during mid-day trading on Friday, hitting $59.08. 28,522,379 shares of the company’s stock traded hands, compared to its average volume of 44,575,789. The firm has a 50 day moving average price of $50.37 and a 200 day moving average price of $52.35. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75.

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 NYSE:BAC traded up $0.40 during trading hours on Friday, hitting $44.78. 33,921,064 shares of the company’s stock traded hands, compared to its average volume of 39,548,150. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.78 and a current ratio of 0.78. The company has a market cap of $337.25 billion, a price-to-earnings ratio of 13.91, 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. The company’s fifty day simple moving average is $39.93 and its two-hundred day simple moving average is $43.53.