tiprankstipranks
SPY ETF Update, 6/27/2024
Market News

SPY ETF Update, 6/27/2024

Story Highlights

Let’s take a quick look at how the SPDR S&P 500 ETF Trust has been performing.

How is SPY stock faring? The SPDR S&P 500 ETF Trust  is up 0.16% in the past 5 days and has risen about 15.3% year-to-date.

Stay Ahead of the Market:

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 $608.09 implies an upside of more than 11%. 

Currently, SPY’s five holdings with the highest upside potential are Albemarle (ALB), Global Payments (GPN), LKQ (LKQ), Warner Bros. Discovery (WBD), and United Airlines Holdings (UAL). 

Meanwhile, its five holdings with the greatest downside potential are Loews (L), Mettler-Toledo (MTD), Teradyne (TER), Expeditors International (EXPD), and Altria Group (MO).

Revealingly, SPY’s ETF Smart Score is eight, implying that this ETF is likely to outperform the market. 

Power up your ETF investing with TipRanks. Discover the Top Equity ETFs with High Upside Potential, carefully curated based on TipRanks’ analysis.     

Disclosure  

Related Articles

Latest News Feed

More Articles