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Invesco QQQ ETF Shows Strong Performance with 15.1% YTD Gain
Invesco QQQ ETF Shows Strong Performance with 15.1% YTD Gain
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BTCCSquare news:
The Invesco QQQ ETF has climbed 2.15% over the past week, extending its year-to-date rally to 15.1%. Analysts maintain a Moderate Buy rating, with a consensus price target of $651.56 suggesting 10.1% upside potential.
Top holdings with bullish outlooks include MicroStrategy, The Trade Desk, and Atlassian. Conversely, Warner Bros. Discovery and Tesla appear most vulnerable to downside moves. The ETF's Smart Score of 8 signals likely long-term market outperformance.
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