How is QQQ stock faring? The Invesco QQQ ETF is up 3.1% in the past five days and has risen about 22.68% over the past year.
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 $594.16 implies an upside of 12.19%.
Currently, QQQ’s five holdings with the highest upside potential are Strategy (MSTR), Micron Technology (MU), ON Semiconductor (ON), Biogen (BIIB), and Nvidia (NVDA).
Meanwhile, its five holdings with the greatest downside potential are Palantir Technologies (PLTR), Tesla (TSLA), Paychex (PAYX), Crowdstrike Holdings (CRWD), and Starbucks (SBUX).
Revealingly, QQQ ETF has a Smart Score of eight, implying that this ETF is likely to outperform the market.
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