How is QQQ stock faring? The Invesco QQQ ETF is up 2.86% in the past 5 days and has risen 53.3% year-to-date.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
According to TipRanks’ unique ETF analyst consensus, determined according to a weighted average of its holdings’ analyst ratings, QQQ is a Moderate Buy. The Street’s average price target of $432.19 implies an upside of about 7%.
Currently, QQQ’s five holdings with the highest upside potential are Baker Hughes Company (BKR), Warner Bros. Discovery (WBD), Moderna, (MRNA), JD.Com (JD), and Nvidia (NVDA). Its five holdings with the greatest downside potential are Intel (INTC), Airbnb (ABNB), Fastenal Company (FAST), Palo Alto Networks (PANW), and Idexx Laboratories (IDXX).
Revealingly, QQQ’s ETF Smart Score is 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.