How is QQQ stock faring? The Invesco QQQ ETF is up 2% in the past 5 days and has risen about 48% 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 $440.82 implies an upside of about 9%.
Currently, QQQ’s five holdings with the highest upside potential are Synopsys (SNPS), Warner Bros. Discovery (WBD), MongoDB (MDB), Baker Hughes Company (BKR), and Nvidia (NVDA). Its five holdings with the greatest downside potential are Intel (INTC), Ansys (ANSS), Amgen (AMGN), Atlassian (TEAM), and Vertex Pharmaceuticals (VRTX).
Revealingly, QQQ’s ETF Smart Score is eight, implying that this ETF is likely to outperform the market.
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