How is QQQ stock faring? The Invesco QQQ ETF is down 2.34% in the past 5 days but has risen about 36% 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 $496.61 implies an upside of about 15.2%.
Currently, QQQ’s five holdings with the highest upside potential are ON Semiconductor (ON), Warner Bros. Discovery (WBD), PDD Holdings (PDD), Zscaler (ZS), and Biogen (BIIB).
Meanwhile, its five holdings with the greatest downside potential are Constellation Energy (CEG), Airbnb (ABNB), Old Dominion Freight Line (ODFL), Kla Corporation (KLAC), and Paychex (PAYX).
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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