tiprankstipranks
SPY ETF Update, 11/27/2024  
Market News

SPY ETF Update, 11/27/2024  

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 up 1.08% in the past 5 days and has risen about 26.47% year-to-date.

Don't Miss our Black Friday Offers:

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 $657.39 implies an upside of more than 9.45%. 

Currently, SPY’s five holdings with the highest upside potential are Moderna (MRNA), Celanese (CE), AES Corp. (AES), Biogen (BIIB), and Regeneron Pharmaceuticals (REGN).

Meanwhile, its five holdings with the greatest downside potential are Palantir (PLTR), Tesla Motors (TSLA), Paycom (PAYC), Blackstone Group (BX), and Franklin Resources  (BEN).

Revealingly, SPY’s ETF Smart Score is seven, implying that this ETF is likely to perform in line with 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
TheFlyCelanese and Henkel collaborate on adhesives made from captured CO2 emissions
TheFlyCelanese price target lowered to $88 from $101 at Barclays
Go Ad-Free with Our App