QQQ ETF Shows Mixed Performance Amid Market Volatility
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The Invesco QQQ ETF has dipped 0.79% over the past week but remains up 13.2% year-to-date, reflecting broader tech sector resilience. Analyst consensus rates QQQ as a Moderate Buy, with a $638.41 price target suggesting 12.1% upside potential.
Key holdings with bullish trajectories include MicroStrategy (MSTR), Charter Communications (CHTR), and Lululemon (LULU), while Palantir (PLTR) and Tesla (TSLA) drag on performance. The ETF's Smart Score of 7 indicates expected market-parity returns.
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