How is QQQ stock faring? The Invesco QQQ ETF is up 1.8% in the past five days and has risen 18.2% 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 $547.50 implies an upside of 13.5%.
Currently, QQQ’s five holdings with the highest upside potential are Micron Technology (MU), PDD Holdings (PDD), Moderna (MRNA), ASML Holding N.V. (ASML), and Dexcom (DXCM).
Meanwhile, its five holdings with downside potential are Constellation Energy (CEG), Tesla (TSLA), Fortinet (FTNT), Paychex (PAYX), and Cintas (CTAS).
Revealingly, QQQ ETF’s Smart Score is eight, implying that this ETF is likely to outperform the market.
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