Best Value Stocks to Research - March 21st

Market analysts suggest keeping an eye on five notable value stocks today: Boeing, Berkshire Hathaway, ProShares UltraPro Short QQQ, JPMorgan Chase & Co., and FedEx. These stocks are considered value stocks because they trade at a lower price compared to their fundamental worth, often highlighted by metrics such as price-to-earnings (P/E) and price-to-book ratios.

Boeing (BA)

Boeing is a global aerospace company that primarily focuses on designing, manufacturing, and supporting different types of aircraft and spacecraft, both for commercial and military purposes. The company operates through various segments including Commercial Airplanes, Defense, Space & Security, and Global Services.

Recently, Boeing's stock saw an uptick, trading up by $6.41 to reach $179.24. It experienced robust trading activity with a volume of 19,280,519 shares, surpassing its average volume of 8,624,204. The stock maintains a fifty-day average price of $172.86 and a two-hundred-day average of $163.54. Boeing's 52-week low stands at $137.03, while its high is $196.95, with a market cap of $134.44 billion and a P/E ratio of -9.81.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway is a multinational conglomerate holding company engaged in diverse sectors, including insurance and utility. It operates through subsidiaries that offer a wide range of insurance products and services, freight rail transportation, and utility generation from various energy sources.

On Friday, Berkshire Hathaway's stock closed at $523.27 after decreasing by $5.46, with a trading volume of 4,250,638 shares. The stock has fluctuated between a 12-month low of $395.66 and a high of $531.59. Its current market cap is approximately $1.13 trillion, with a P/E ratio of 10.58.

ProShares UltraPro Short QQQ (SQQQ)

The ProShares UltraPro Short QQQ is an exchange-traded fund (ETF) that aims to achieve three times the inverse of the daily performance of the NASDAQ-100 Index. This index contains 100 of the largest non-financial companies listed on the NASDAQ.

The stock price for SQQQ increased by $0.36 to reach $37.11 with a high trading volume of 56,186,239 shares, compared to its average of 39,686,136. It has a 52-week low of $26.21 and a high of $64.95, with a fifty-day average price of $31.03.

JPMorgan Chase & Co. (JPM)

As one of the leading financial institutions in the U.S., JPMorgan Chase & Co. provides a wide range of financial services, including investment banking and asset management.

During trading, JPMorgan's stock rose by $2.37 to settle at $241.38, with a trading volume of 8,386,914 shares. The market cap stands at approximately $674.91 billion, and the stock has a P/E ratio of 12.23. The 1-year high is $280.25, while its low is $179.20.

FedEx (FDX)

FedEx Corporation is known for its comprehensive transportation, e-commerce, and business services both in the U.S. and internationally. It operates through different segments that offer various delivery services.

The stock for FedEx decreased by $15.00 on Friday, closing at $231.21 with a trading volume markedly higher than normal at 6,801,437 shares. It has a market cap of $55.69 billion and a P/E ratio of 14.74, experiencing a 52-week low of $217.49 and a high of $313.84.

These five stocks represent valuable opportunities for investors looking to capitalize on potential market undervalues. By focusing on well-established companies with strong fundamentals, investors can strategically position themselves in anticipation of future growth.

Boeing, Stocks, Investing