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SPY ETF Update, 7/1/2024   – TipRanks.com

The SPDR S&P 500 ETF Trust, also known as SPY, has seen a 0.13% increase in the past 5 days and has risen by approximately 15.2% year-to-date. According to TipRanks’ ETF analyst consensus, SPY is considered a Moderate Buy. The average price target from analysts on Wall Street is $601.13, suggesting a potential upside of over 10%.

Among SPY’s holdings, the top five with the highest upside potential are Albemarle (ALB), Global Payments (GPN), LKQ (LKQ), Warner Bros. Discovery (WBD), and United Airlines Holdings (UAL). On the other hand, the top five holdings with the greatest downside potential are Loews (L), Arista Networks (ANET), Teradyne (TER), Expeditors International (EXPD), and Tesla (TSLA).

SPY’s ETF Smart Score is currently eight, indicating that this ETF is expected to outperform the market. If you’re interested in ETF investing, consider exploring the Top Equity ETFs with High Upside Potential identified by TipRanks’ analysis.

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