How is QQQ stock faring? The Invesco QQQ ETF is up 0.87% in the past five days and has risen about 21.47% year-to-date.
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 $552.32 implies an upside of 11.49%.
Currently, QQQ’s five holdings with the highest upside potential are Moderna (MRNA), Biogen (BIIB), Micron Technology (MU), Warner Bros. Discovery (WBD), and GlobalFoundries (GFS).
Meanwhile, its five holdings with the greatest downside potential are Tesla (TSLA), Airbnb (ABNB), ARM Holdings (ARM), Marriott International (MAR), and Old Dominion Freight Line (ODFL).
Revealingly, QQQ ETF has a Smart Score of 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.
