How is QQQ stock faring? The Invesco QQQ ETF is up 2.3% in the past 5 days and has risen about 50% over the past year.
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 $482.89 implies an upside of about 8.4%.
Currently, QQQ’s five holdings with the highest upside potential are PDD Holdings (PDD), Warner Bros. Discovery (WBD), Moderna (MRNA), AstraZeneca (AZN), and Charter Communications (CHTR). Its five holdings with the greatest downside potential are KLA (KLAC), Lam Research (LRCX), Constellation Energy Corporation (CEG), Airbnb (ABNB), and Broadcom (AVGO).
Revealingly, QQQ’s ETF Smart Score is eight, implying that this ETF is likely to outperform the market.
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