How is QQQ stock faring? The Invesco QQQ ETF is up 2.5% in the past five days and has risen about 10.31% 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 $543.04 implies an upside of 20.31%.
Currently, QQQ’s five holdings with the highest upside potential are Micron Technology (MU), Moderna (MRNA), Warner Bros. (WBD), Lululemon Athletica (LULU), and Marvell Technology (MRVL).
Meanwhile, its one holding with downside potential is American Electric Power (AEP).
Revealingly, QQQ ETF’s Smart Score is seven, implying that this ETF is likely to perform in line with the market.
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