How is QQQ stock faring? The Invesco QQQ ETF is down 1.91% in the past 5 days and has risen about 15.13% over the past year.
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 $604.80 implies an upside of about 19.01%.
Currently, QQQ’s five holdings with the highest upside potential are Microstrategy (MSTR), Trade Desk (TTD), Micron (MU), AppLovin (APP) and Advanced Micro Devices (AMD).
Meanwhile, its five holdings with the greatest downside potential are Gilead Sciences (GILD), Starbucks (SBUX), Paychex (PAYX), American Electric Power (AEP), and Intel (INTC).
Revealingly, QQQ ETF’s Smart Score is eight, implying that this ETF is likely to outperform with the market.
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