The Invesco QQQ ETF has been performing well recently, with a 3.6% increase in the past 5 days and a 34.7% rise over the past year. According to TipRanks, the ETF is rated as a Moderate Buy, with an average price target suggesting a 15% upside potential.
The top five holdings in QQQ with the highest upside potential are ON Semiconductor, Warner Bros. Discovery, Sirius XM Holdings, Zscaler, and Charter Communications. On the other hand, the five holdings with the greatest downside potential include Airbnb, Constellation Energy, Microchip, and Kraft Heinz.
With a Smart Score of eight, the QQQ ETF is predicted to outperform the market. For those interested in ETF investing, TipRanks offers a selection of Top Equity ETFs with High Upside Potential based on their analysis.