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Invesco QQQ ETF Shows Strong Performance with 15.7% YTD Gain
Invesco QQQ ETF Shows Strong Performance with 15.7% YTD Gain
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BTCCSquare news:
The Invesco QQQ ETF has surged 2.15% over the past five trading sessions, extending its year-to-date rally to 15.7%. Analysts maintain a Moderate Buy rating on the fund, with a consensus price target of $652.05 suggesting 9.5% upside potential.
Key holdings with the highest projected returns include The Trade Desk, MicroStrategy, and Atlassian. Conversely, Tesla and Palantir rank among positions with the greatest downside risks. The ETF's Smart Score of 8 indicates likely long-term outperformance against broader market benchmarks.
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