Overwhelmed by too many ETFs? TipRanks’ AI analyst highlights three standout funds with an Outperform rating and at least 10% upside potential.
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The chart below, presented using the ETF Comparison Tool, helps to understand how these ETFs stack up against each other.
- Invesco NASDAQ Internet ETF (PNQI) — This fund tracks the Nasdaq CTA Internet Index, which focuses on the performance of companies engaged in internet-related businesses. The ETF AI analyst currently has a price target of $61 on PNQI, indicating about 14% upside potential. The bullish stance is based on top holdings like Alphabet (GOOG) and Microsoft (MSFT), which have dominant positions in the AI and cloud services space.
- Vanguard Growth ETF (VUG) — This fund seeks to track the performance of the CRSP U.S. Large Cap Growth Index. The VUG ETF provides exposure to large-cap growth stocks of leading companies with strong growth trajectories. The ETF AI analyst has a price target of $535 on the VUG ETF, indicating an upside potential of 10.32%. The AI Analyst’s Outperform rating is based on solid contributions from top holdings like Microsoft, Apple (AAPL), and Nvidia (NVDA).
- Nuveen Growth Opportunities ETF (NUGO) — The NUGO ETF is focused on U.S. companies with market capitalizations of at least $1 billion, which have the potential to deliver attractive earnings growth, strong cash flows, and significant long-term returns. The ETF AI analyst currently has a price target of $44 on NUGO, suggesting 10.35% upside. The fund’s Outperform rating is based on strong contributions from top holdings such as Nvidia and Alphabet, which are gaining from AI-led opportunities.
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