The SPDR S&P 500 ETF Trust, also known as SPY stock, has been performing well recently. In the past 5 days, it is up by 0.36%, and over the past year, it has risen by about 34.8%.
According to TipRanks’ ETF analyst consensus, SPY is rated as a Moderate Buy. The average price target from analysts on Wall Street is $562.24, suggesting a potential upside of 9.9%.
Some of SPY’s top holdings with the highest upside potential include AT&T, Charter Communications, Warner Bros, Caesars Entertainment, and Walmart. On the other hand, the holdings with the greatest downside potential are T Rowe Price, Robert Half International, Southwest Airlines, Airbnb, and Steel Dynamics.
SPY’s ETF Smart Score is eight, indicating that it is likely to outperform the market. If you’re interested in ETF investing, consider exploring the Top Equity ETFs with High Upside Potential recommended by TipRanks.
Overall, SPY stock is showing positive momentum and is worth keeping an eye on for potential investment opportunities.