How is QQQ stock faring? The Invesco QQQ ETF is down 4.68% in the past 5 days but has risen about 6.04% over the past year.
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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 $602.24 implies an upside of about 28.43%.
Currently, QQQ’s five holdings with the highest upside potential are MicroStrategy (MSTR), Trade Desk (TTD), AppLovin (APP), MongoDB (MDB) and Marvell (MRVL).
Meanwhile, its three holdings with the greatest downside potential are Monster Beverage (MNST), Paychex (PAYX), and American Electric Power (AEP).
Revealingly, QQQ ETF’s Smart Score is seven, implying that this ETF is likely to perform in line with the market.
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