How is SPY stock faring? The SPDR S&P 500 ETF Trust is up 0.42% in the past 5 days and has risen about 28% over the past year.
Claim 30% Off TipRanks
New trading tool for SPY bulls
According to TipRanks’ unique ETF analyst consensus, determined based on a weighted average of its holdings’ analyst ratings, SPY is a Moderate Buy. The Street’s average price target of $589.80 implies an upside of more than 11%.
Currently, SPY’s five holdings with the highest upside potential are Walgreens Boots Alliance (WBA), Lululemon Athletica (LULU), Carnival (CCL), Warner Bros. Discovery (WBD), and Caesars Entertainment (CZR).
Meanwhile, its five holdings with the greatest downside potential are Loews (L), Steris (STE), Vistra Energy (VST), First Solar (FSLR), and Moderna (MRNA).
Revealingly, SPY’s ETF Smart Score is eight, implying that this ETF is likely to outperform the market.
Let’s take a quick look at how the SPDR S&P 500 ETF Trust has been performing.
Power up your ETF investing with TipRanks. Discover the Top Equity ETFs with High Upside Potential, carefully curated based on TipRanks’ analysis.