How is QQQ stock faring? The Invesco QQQ ETF is down 2.51% in the past 5 days but has risen about 30.6% over the past year.
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
According to TipRanks’ unique ETF analyst consensus, determined based on a weighted average of its holdings’ analyst ratings, QQQ is a Moderate Buy. The Street’s average price target of $590.27 implies an upside of about 15.5%.
Currently, QQQ’s five holdings with the highest upside potential are Micron (MU), Microstrategy (MSTR), Biogen (BIIB), MongoDB (MDB) and Regeneron Pharmaceuticals (REGN).
Meanwhile, its five holdings with the greatest downside potential are Palantir Technologies (PLTR), Tesla Motors (TSLA), Apple (AAPL), AppLovin (APP), and Netflix (NFLX).
Revealingly, QQQ ETF’s Smart Score is eight, implying that this ETF is likely to outperform the market.
Power up your ETF investing with TipRanks. Discover the Top Equity ETFs with High Upside Potential, carefully curated based on TipRanks’ analysis.
