How is QQQ stock faring? The Invesco QQQ ETF is down 0.32% in the past 5 days but has risen about 31.72% 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 $509.62 implies an upside of about 11%.
Currently, QQQ’s five holdings with the highest upside potential are Walgreens Boots Alliance (WBA), Warner Bros. Discovery (WBD), Sirius XM Holdings (SIRI), Zscaler (ZS), and Lululemon Athletica (LULU).
Meanwhile, its five holdings with the greatest downside potential are Constellation Energy Corporation (CEG), Qualcomm (QCOM), Moderna (MRNA), Texas Instruments (TXN), and Paychex (PAYX).
Revealingly, QQQ ETF’s Smart Score is eight, implying that this ETF is likely to outperform the market.
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