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QQQ ETF Update, 12/26/2023 
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QQQ ETF Update, 12/26/2023 

How is QQQ stock faring? The Invesco QQQ ETF is up 0.31% in the past 5 days and has risen 54.3% year-to-date. 

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 $435.92 implies an upside of about 7%.

Currently, QQQ’s five holdings with the highest upside potential are Baker Hughes Company (BKR), Warner Bros. Discovery (WBD), Moderna, (MRNA), AstraZeneca (AZN), and Nvidia (NVDA). Its five holdings with the greatest downside potential are Intel (INTC), Ansys (ANSS), Fastenal Company (FAST), Atlassian (TEAM), and Lam Research (LRCX).  

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

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