How is QQQ stock faring? The Invesco QQQ ETF is up 5.1% in the past five days and has risen about 6.48% year-to-date.
According to TipRanks’ unique ETF analyst consensus, determined based on a weighted average of its holdings’ analyst ratings, QQQ is a Hold. The Street’s average price target of $627.30 implies an upside of 40%.
Currently, QQQ’s five holdings with the highest upside potential are Micron Technology (MU), Warner Bros. (WBD), Moderna (MRNA), Super Micro Computer (SMCI), and PDD Holdings (PDD).
Meanwhile, its two holdings with downside potential are American Electric Power (AEP) and Paychex (PAYX).
Revealingly, QQQ ETF’s Smart Score is “Perfect 10”, implying that this ETF is likely to outperform the market.
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