Value Stocks To Research – November 9th

Micron Technology, Sandisk, Intel, Lumentum, and Moderna are the five Value stocks to watch today, according to MarketBeat’s stock screener tool. Value stocks are shares of companies that investors believe are trading below their underlying worth, often relative to measures such as earnings, assets, or cash flow. Investors may buy them expecting the market price to rise as the company’s value is recognized, though a low price can also reflect genuine business problems. These companies had the highest dollar trading volume of any Value stocks within the last several days.

Micron Technology (MU)

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.

Shares of Micron Technology stock traded up $39.66 during trading on Monday, hitting $729.65. 21,358,090 shares of the company’s stock were exchanged, compared to its average volume of 40,321,848. Micron Technology has a 52-week low of $192.59 and a 52-week high of $1,255.00. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.94 and a current ratio of 3.31. The stock has a market capitalization of $825.55 billion, a price-to-earnings ratio of 9.81, a PEG ratio of 0.12 and a beta of 2.36. The business has a 50-day simple moving average of $961.59 and a 200-day simple moving average of $754.99.

Sandisk (SNDK)

SanDisk Corporation offers flash storage solutions. The Company designs, develops and manufactures data storage solutions in a range of form factors using flash memory, controller, firmware and software technologies. The Company operates through flash memory storage products segment. Its solutions include a range of solid state drives (SSD), embedded products, removable cards, universal serial bus (USB), drives, wireless media drives, digital media players, and wafers and components.

Shares of NASDAQ SNDK traded up $51.80 during midday trading on Monday, reaching $886.86. 10,558,445 shares of the stock were exchanged, compared to its average volume of 14,797,996. The firm has a market cap of $126.19 billion, a price-to-earnings ratio of 7.08, a PEG ratio of 0.06 and a beta of 5.66. The firm has a 50-day simple moving average of $1,504.43 and a two-hundred day simple moving average of $1,264.98. Sandisk has a twelve month low of $183.00 and a twelve month high of $2,354.39.

Sandisk’s stock is set to split before the market opens on Friday, November 20th. The 8-1 split was announced on Thursday, October 29th. The newly issued shares will be distributed to shareholders after the market closes on Thursday, November 19th.

Intel (INTC)

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.

NASDAQ:INTC traded up $2.50 during trading hours on Monday, reaching $58.78. 81,607,150 shares of the company were exchanged, compared to its average volume of 118,994,133. Intel has a twelve month low of $32.89 and a twelve month high of $142.35. The company has a current ratio of 2.31, a quick ratio of 1.95 and a debt-to-equity ratio of 0.47. The stock’s 50-day moving average is $97.95 and its 200-day moving average is $86.60. The firm has a market cap of $312.43 billion, a PE ratio of -24.36, a price-to-earnings-growth ratio of 6.02 and a beta of 2.42.

Lumentum (LITE)

Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates through two segments: Optical Communications (OpComms) and Commercial Lasers (Lasers). The OpComms segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and data over high-capacity fiber optic cables.

LITE traded up $57.35 on Monday, hitting $595.94. 4,617,586 shares of the company’s stock were exchanged, compared to its average volume of 5,586,226. The company has a current ratio of 1.61, a quick ratio of 1.27 and a debt-to-equity ratio of 0.01. The firm has a 50-day moving average price of $894.13 and a 200-day moving average price of $801.60. The stock has a market cap of $54.05 billion, a price-to-earnings ratio of -7.57 and a beta of 1.64. Lumentum has a fifty-two week low of $215.35 and a fifty-two week high of $1,143.00.

Moderna (MRNA)

Moderna, Inc., a biotechnology company, discovers, develops, and commercializes messenger RNA therapeutics and vaccines for the treatment of infectious diseases, immuno-oncology, rare diseases, autoimmune, and cardiovascular diseases in the United States, Europe, and internationally. Its respiratory vaccines include COVID-19, influenza, and respiratory syncytial virus, spikevax, and hMPV/PIV3 vaccines; latent vaccines comprise cytomegalovirus, epstein-barr virus, herpes simplex virus, varicella zoster virus, and human immunodeficiency virus vaccines; public health vaccines consists of Zika, Nipah, Mpox vaccines; and infectious diseases vaccines, such as lyme and norovirus vaccines.

Moderna stock traded up $21.44 during midday trading on Monday, hitting $275.63. 9,300,740 shares of the stock were exchanged, compared to its average volume of 12,635,140. The stock’s 50-day simple moving average is $191.85 and its 200 day simple moving average is $91.51. The stock has a market capitalization of $110.04 billion, a price-to-earnings ratio of -38.82 and a beta of 1.16. The company has a current ratio of 3.62, a quick ratio of 3.47 and a debt-to-equity ratio of 0.52. Moderna has a fifty-two week low of $22.28 and a fifty-two week high of $280.80.