The Invesco QQQ ETF has seen a slight increase of 0.09% in the past 5 days and has gained about 17.3% year-to-date. According to TipRanks’ ETF analyst consensus, QQQ is rated as a Moderate Buy. The average price target from analysts on Wall Street is $522.78, indicating a potential upside of around 8%.
Currently, the top five holdings in QQQ with the highest upside potential are PDD Holdings (PDD), Warner Bros. Discovery (WBD), CoStar Group (CSGP), Walgreens Boots Alliance (WBA), and Dexcom (DXCM). On the other hand, the five holdings with the greatest downside potential are ARM Holdings PLC ADR (ARM), KLA (KLAC), Verisk Analytics (VRSK), Texas Instruments (TXN), and Tesla (TSLA).
The QQQ ETF’s Smart Score is eight, suggesting that it is likely to perform well compared to the overall market. Consider enhancing your ETF investing with TipRanks by exploring the Top Equity ETFs with High Upside Potential based on their analysis.