How is QQQ stock faring? The Invesco QQQ ETF is up 1.2% in the past five days and has risen about 19.19% year-to-date.
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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 $550.49 implies an upside of 11.84%.
Currently, QQQ’s five holdings with the highest upside potential are Super Micro Computer (SMCI), Moderna (MRNA), Biogen (BIIB), AstraZeneca (AZN), and Micron Technology (MU).
Meanwhile, its five holdings with the greatest downside potential are Tesla (TSLA), Airbnb (ABNB), Old Dominion Freight Line (ODFL), Paychex (PAYX), and Gilead Sciences (GILD).
Revealingly, QQQ ETF has a Smart Score of eight, implying that this ETF is likely to outperform the market.
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