Value Stocks to Watch - March 8th

JPMorgan Chase & Co., ProShares UltraPro Short QQQ, iShares Bitcoin Trust, Marvell Technology, and Merck & Co., Inc. are five Value stocks to keep an eye on today, based on a stock screener tool. Value stocks are shares of companies that are priced lower than their intrinsic values, typically measured by earnings, dividends, or book value. Investors often consider these stocks as undervalued and anticipate that their true worth will be appreciated by the market eventually. These companies have experienced the highest dollar trading volume among Value stocks in the past few days.

JPMorgan Chase & Co. (JPM)

JPMorgan Chase & Co. is a financial holding company that provides a variety of financial and investment banking services. The company offers investment banking products, assists with corporate strategy, capital raising, risk management, market making, brokerage, and research.

On Friday, JPM shares traded down $4.13 to $242.41, with a trading volume of 20,494,208, significantly higher than its average volume of 8,698,339. The firm has a market cap of $677.81 billion, a P/E ratio of 12.28, and a beta of 1.10. The stock's 50-day moving average is $259.41, and its 200-day moving average is $238.26. The company has experienced a 52-week low of $179.20 and a high of $280.25.

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ seeks to achieve daily investment results that are three times the inverse of the daily performance of the NASDAQ-100 Index. This index comprises 100 of the largest non-financial domestic and international stocks listed on the NASDAQ.

On Friday, SQQQ shares were down $0.70 at $34.47, with a trading volume of 103,077,404 compared to the average of 63,436,301. The fund has a 12-month low of $26.21 and a high of $64.95. The 50-day and 200-day simple moving averages are $29.63 and $33.78, respectively.

iShares Bitcoin Trust (IBIT)

The iShares Bitcoin Trust (IBIT) is an exchange-traded fund primarily investing in long Bitcoin while shorting USD. Launched on January 5, 2024, this passively managed fund aims to track the spot price of Bitcoin.

Shares of IBIT traded down $1.21 to $49.43 on Friday, with a trading volume of 59,029,161 against an average of 47,988,785. The fund has a 12-month low of $28.23 and a high of $61.75. Its 50-day and 200-day simple moving averages are $54.78 and $47.20, respectively.

Marvell Technology (MRVL)

Marvell Technology, Inc., along with its subsidiaries, provides data infrastructure semiconductor solutions spanning from the data center to the network edge, developing complex System-on-a-Chip architectures that integrate various functionalities.

On Friday, MRVL shares fell $1.44 to $70.84, with trading volume at 38,787,463, significantly exceeding its average of 12,789,017. The company has a market cap of $61.30 billion, a P/E ratio of -41.67, and a debt-to-equity ratio of 0.30. The stock reached a 12-month low of $53.19 and a high of $127.48, with averages of $109.13 and $93.67 over the last 50 and 200 days.

Merck & Co., Inc. (MRK)

Merck & Co., Inc. is a healthcare company involved in the provision of health solutions via prescription medicines, vaccines, biologic therapies, and consumer products. The company operates in several segments including Pharmaceuticals and Animal Health.

The shares of MRK gained $0.71 on Friday, reaching $94.71, with a trading volume of 24,097,509 compared to an average of 10,020,857. The company has a market cap of $239.25 billion, a P/E ratio of 14.07, and a debt-to-equity ratio of 0.79. The stock has a 12-month low of $81.04 and a high of $134.63, with moving averages of $94.03 and $102.74 for 50 and 200 days.

This summary provides a brief overview of notable Value stocks that might be worth researching further, given their low market prices relative to their intrinsic values.

stocks, JPMorgan, investing, value, market