How is QQQ stock faring? The Invesco QQQ ETF has risen 0.59% over the past five days and is up 18.4% year-to-date.
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According to TipRanks’ unique ETF analyst consensus, which is based on a weighted average of analyst ratings on its holdings, QQQ is a Moderate Buy. The Street’s average price target of $667.82 for the QQQ ETF implies an upside potential of 10.7%.
Currently, QQQ’s five holdings with the highest upside potential are Atlassian Corporation (TEAM), Strategy (MSTR), Dexcom (DXCM), Thomson Reuters (TRI), and The Trade Desk (TTD).
Meanwhile, its five holdings with the greatest downside potential are Intel (INTC), Tesla (TSLA), Lam Research (LRCX), Warner Bros. Discovery (WBD), and ASML Holding (ASML).
Revealingly, QQQ ETF’s Smart Score is seven, implying that this ETF is likely to perform in line with the broader market.
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