How is QQQ stock faring? The Invesco QQQ ETF is up 0.29% in the past 5 days and about 9.09% year-to-date.
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According to TipRanks’ unique ETF analyst consensus, which is based on a weighted average of its holdings’ analyst ratings, QQQ is a Moderate Buy. The Street’s average price target of $593.28 implies an upside of 7.05%.
Currently, QQQ’s five holdings with the highest upside potential are AppLovin (APP), Regeneron Pharmaceuticals (REGN), Adobe Systems (ADBE), Diamondback Energy (FANG), and Lululemon Athletica (LULU).
Meanwhile, its four holdings with the greatest downside potential are Palantir Technologies (PLTR), Texas Instruments (TXN), Intel (INTC), and KLA Corporation (KLAC).
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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