How is QQQ stock faring? The Invesco QQQ ETF is up 0.44% in the past five days and has risen about 24.24% year-to-date.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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 $565.73 implies an upside of 11.67%.
Currently, QQQ’s five holdings with the highest upside potential are Moderna (MRNA), Biogen (BIIB), PDD Holdings (PDD), Regeneron Pharmaceuticals (REGN), and Micron Technology (MU).
Meanwhile, its five holdings with the greatest downside potential are Tesla (TSLA), AppLovin (APP), Old Dominion Freight Line (ODFL), CrowdStrike (CRWD), and Marriott International (MAR).
Revealingly, QQQ ETF has a Smart Score of 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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
