Value Stocks To Follow Today – March 29th

ProShares UltraPro Short QQQ, JPMorgan Chase & Co., Berkshire Hathaway, iShares Bitcoin Trust, CoreWeave, Inc. Class A Common Stock, Boeing, 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 are considered undervalued in the market based on fundamental metrics like low price-to-earnings or price-to-book ratios. Investors often purchase these stocks with the expectation that the market will eventually recognize their inherent value, leading to potential price appreciation. 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.

SQQQ traded up $2.83 during trading on Friday, hitting $38.30. The company’s stock had a trading volume of 86,387,362 shares, compared to its average volume of 40,881,418. ProShares UltraPro Short QQQ has a twelve month low of $26.21 and a twelve month high of $64.95. The stock’s fifty day moving average price is $31.55 and its 200-day moving average price is $33.14.

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.

Shares of NYSE:JPM traded down $5.16 during mid-day trading on Friday, hitting $242.97. The company had a trading volume of 11,975,314 shares, compared to its average volume of 9,343,658. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.88 and a quick ratio of 0.89. JPMorgan Chase & Co. has a one year low of $179.20 and a one year high of $280.25. The firm has a fifty day moving average price of $257.55 and a 200 day moving average price of $240.30. The company has a market capitalization of $679.36 billion, a PE ratio of 12.31, a price-to-earnings-growth ratio of 2.83 and a beta of 1.10.

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.

NYSE:BRK.B traded down $8.48 during trading hours on Friday, reaching $526.04. The company had a trading volume of 5,316,242 shares, compared to its average volume of 3,868,216. The business’s 50-day simple moving average is $492.00 and its two-hundred day simple moving average is $470.84. Berkshire Hathaway has a twelve month low of $395.66 and a twelve month high of $537.63. The firm has a market cap of $1.13 trillion, a price-to-earnings ratio of 10.63, a P/E/G ratio of 3.45 and a beta of 0.85.

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 IBIT traded down $1.88 during trading hours on Friday, hitting $47.56. The stock had a trading volume of 37,515,018 shares, compared to its average volume of 45,216,676. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75. The firm has a 50 day simple moving average of $52.64 and a 200-day simple moving average of $48.68.

CoreWeave, Inc. Class A Common Stock (CRWV)

CoreWeave powers the creation and delivery of the intelligence that drives innovation. We are the AI Hyperscaler™ driving the AI revolution(1). Our CoreWeave Cloud Platform consists of our proprietary software and cloud services that deliver the software and software intelligence needed to manage complex AI infrastructure at scale.

NASDAQ:CRWV traded up $40.00 on Friday, hitting $40.00. The stock had a trading volume of 40,982,922 shares. CoreWeave, Inc. Class A Common Stock has a 52 week low of $37.46 and a 52 week high of $41.94.

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.

Shares of NYSE:BA traded down $6.13 during trading on Friday, reaching $172.98. 8,204,731 shares of the stock were exchanged, compared to its average volume of 8,787,596. Boeing has a 1-year low of $137.03 and a 1-year high of $196.95. The stock has a fifty day moving average of $173.98 and a two-hundred day moving average of $164.17. The firm has a market cap of $129.74 billion, a price-to-earnings ratio of -9.44 and a beta of 1.53.

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.

BAC stock traded down $1.33 during midday trading on Friday, reaching $41.24. 34,246,524 shares of the company’s stock traded hands, compared to its average volume of 37,258,257. Bank of America has a 52 week low of $34.15 and a 52 week high of $48.08. The company has a market cap of $313.50 billion, a price-to-earnings ratio of 12.81, a P/E/G ratio of 1.21 and a beta of 1.32. The firm’s fifty day moving average price is $44.45 and its 200-day moving average price is $43.86. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.04.