tiprankstipranks
SPY ETF Update, 11/14/2024  
Market News

SPY ETF Update, 11/14/2024  

Story Highlights

Let’s take a quick look at how the SPDR S&P 500 ETF Trust has been performing.

How is SPY stock faring? The SPDR S&P 500 ETF Trust  is down 0.39% in the past 5 days and has risen about 27.16% year-to-date.

Pick the best stocks and maximize your portfolio:

According to TipRanks’ unique ETF analyst consensus, determined based on a weighted average of its holdings’ analyst ratings, SPY is a Moderate Buy. The Street’s average price target of $652.29 implies an upside of more than 9.23%. 

Currently, SPY’s five holdings with the highest upside potential are Moderna (MRNA), Super Micro Computer (SMCI), AES Corp. (AES), Enphase Energy (ENPH), and First Solar (FSLR).

Meanwhile, its five holdings with the greatest downside potential are Palantir (PLTR), Tesla Motors (TSLA), Paycom (PAYC), Old Dominion Freight (ODFL), and Fortinet (FTNT).

Revealingly, SPY ETF’s 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.     

Disclosure  

Related Articles
Radhika Saraogi3 Best Stocks to Buy Now, 12/13/2024, According to Top Analysts 
TheFlyAES Corp. initiated with a Buy at HSBC
TheFlyAES Corp. price target lowered to $17 from $23 at Barclays
Go Ad-Free with Our App