How is QQQ stock faring? The Invesco QQQ ETF is up 0.89% in the past 5 days and has risen about 31.5% 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 $562.83 implies an upside of about 6.21%.
Currently, QQQ’s five holdings with the highest upside potential are Moderna (MRNA), Advanced Micro Devices (AMD), Biogen (BIIB), Micron Technology (MU) and Regeneron Pharmaceuticals (REGN).
Meanwhile, its five holdings with the greatest downside potential are Booking Holdings (BKNG), Airbnb (ABNB), Fortinet (FTNT), ARM Holdings PLC (ARM), and Paychex (PAYX).
Meanwhile, its five holdings with the greatest downside potential are Tesla (TSLA), AppLovin (APP), Super Micro Computer (SMCI), Netflix (NFLX), and Marriott International (MAR).
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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