How is QQQ stock faring? The Invesco QQQ ETF is down 1.99% in the past five days but has risen about 6.62% 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 $555.95 implies an upside of 26.49%.
Currently, QQQ’s five holdings with the highest upside potential are Micron Technology (MU), Moderna (MRNA), PDD Holdings (PDD), Warner Bros. (WBD), and Lululemon Athletica (LULU).
Meanwhile, its two holdings with downside potential are American Electric Power (AEP) and Paychex (PAYX).
Revealingly, QQQ ETF’s Smart Score is eight, implying that this ETF is likely to outperform the market.
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