How is QQQ stock faring? The Invesco QQQ ETF is up 1.25% in the past five days and has risen about 23.47% year-to-date.
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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 $565.71 implies an upside of 12.43%.
Currently, QQQ’s five holdings with the highest upside potential are Moderna (MRNA), Biogen (BIIB), Super Micro Computer (SMCI), Micron Technology (MU), and Regeneron Pharmaceuticals (REGN).
Meanwhile, its five holdings with the greatest downside potential are Tesla (TSLA), Old Dominion Freight Line (ODFL), Netflix (NFLX), 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.
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