SPY ETF Update, 5/17/2024 
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SPY ETF Update, 5/17/2024 

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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 1.29% in the past 5 days and has risen 27.85% over the past year.

According to TipRanks’ unique ETF analyst consensus, determined based on a weighted average of its holdings’ analyst ratings, SPY is a Hold. The Street’s average price target of $628.52 implies an upside of 18.88%.

Currently, SPY’s five holdings with the highest upside potential are Warner Bros. Discovery (WBD), Carnival Corporation (CCL), Caesars Entertainment (CZR), Epam Systems (EPAM), and Schlumberger (SLB). 

Meanwhile, its five holdings with the greatest downside potential are Loews (L), Steris (STE), Vistra Energy (VST), Waters Corp. (WAT), and Mettler-toledo International (MTD).

Revealingly, SPY ETF’s Smart Score of “Perfect 10”, implies 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.    



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