The Invesco QQQ ETF has seen a 1.32% increase in the past 5 days and has risen by 35.7% over the past year. According to TipRanks’ ETF analyst consensus, QQQ is rated as a Moderate Buy, with an average price target of $524.61, suggesting a 4.3% upside.
Currently, QQQ’s top five holdings with the highest potential for growth are Warner Bros. Discovery (WBD), PDD Holdings (PDD), CoStar Group (CSGP), Lululemon Athletica (LULU), and Dexcom (DXCM). On the other hand, its top five holdings with the greatest potential for decline are Tesla (TSLA), ARM Holdings (ARM), Texas Instruments (TXN), Kla Corporation (KLAC), and Cintas (CTAS).
The QQQ ETF’s Smart Score is eight, indicating a likelihood of outperforming the market. Enhance your ETF investing with TipRanks and explore the top Equity ETFs with High Upside Potential based on their analysis.