How is QQQ stock faring? The Invesco QQQ ETF is down 0.99% in the past 5 days but has risen about 24.59% over the past year.
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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 $587.09 implies an upside of about 16.13%.
Currently, QQQ’s five holdings with the highest upside potential are Advanced Micro Devices (AMD), Microstrategy (MSTR), Biogen (BIIB), MongoDB (MDB) and Regeneron Pharmaceuticals (REGN).
Meanwhile, its three holdings with the greatest downside potential are Palantir Technologies (PLTR), Tesla Motors (TSLA), and Paychex (PAYX).
Revealingly, QQQ ETF’s Smart Score is seven, implying that this ETF is likely to perform in line with the market.
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