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QQQ ETF Update, 12/6/2023 
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QQQ ETF Update, 12/6/2023 

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Here’s a quick look at Invesco QQQ Trust ETF’s performance.

How is QQQ stock faring? The Invesco QQQ ETF is down 1.09% in the past 5 days but has risen 46.7% year-to-date. 

According to TipRanks’ unique ETF analyst consensus, determined according to a weighted average of its holdings’ analyst ratings, QQQ is a Strong Buy. The Street’s average price target of $436.61 implies an upside of about 13%.

Currently, QQQ’s five holdings with the highest upside potential are AstraZeneca (AZN), Warner Bros. Discovery (WBD), Moderna, (MRNA), JD.Com (JD), and Nvidia (NVDA). Its four holdings with the greatest downside potential are Intel (INTC), Lululemon Athletica (LULU), Fastenal Company (FAST), and Paychex (PAYX).  

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

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