Invesco QQQ Trust, Series 1 (QQQ)
QQQ: Bumpy Short-Term Ride Possible (Rating Downgrade)
QQQ Trust ETF might have seen a nice increase so far in 2024, but the risks have risen in line with rising valuations. Among its top 10 constituents, only four are now trading at lower PE multiples than their five-year averages. Of these, there's only a small difference for Alphabet, and Tesla can see further downside. Amazon still has positive potential, and with a more prominent communications sector and less significant consumer discretionary, QQQ can still see some upside. But a pullback is increasingly likely.
AI Increasingly Prominent in Corporate Tech Spending
High interest rates and investors' desire to see strong balance sheets, buybacks or dividends can act as headwinds to corporate technology expenditures, but there's no getting around the point that some of those expenditures are essential. Put artificial intelligence (AI) in the “essential” category.
Active Managers Love Some Stocks in These Passive ETFs
Stock-picking is a difficult endeavor. But there are plenty of examples of active fund managers identifying winners.
Have Stocks Run too Far, Too Fast? (5 Clues)
Stocks have come a long way since bottoming in late 2022. However, data points suggest the bull market still has room to run.
The Smartest Tech ETF to Buy With $500 Right Now
The Invesco QQQ's top 10 holdings include the "Magnificent Seven" stocks. A modest 0.20% expense ratio helps investors keep more of their gains.
Buybacks Leaders Reside in These ETFs
In the first quarter, S&P 500 member firms repurchased $236.8 billion worth of their own shares. This marks a nearly 10% increase on a YoY basis.
Everyone Is Talking About ProShares UltraPro QQQ ETF. Is It a Good Long-Term Option?
The ProShares UltraPro QQQ ETF is popular among technology investors, and it's not hard to see why. In less than two months, the ETF has delivered a 50% gain, and this is just the latest chapter in more than a decade of outperformance.
Nasdaq 100 (QQQ) June 2024 Update: What Lies Ahead?
What's next for the Nasdaq 100? Will we see a continuation of the aggressive bull phase that we've observed off of the April 2024 low?
AI Use Cases Haven't Reached Scale, But Are Vast
Use cases for generative artificial intelligence (AI) seemingly emerge on a daily basis, providing fuel for upside for AI-related equities. Of course, that's positive for investors.
Move on QQQ ETF: XLT and IYM are firing on all cylinders
Invesco QQQ ETF (QQQ) has become the biggest technology ETFs with over $286 billion in assets. It has done this well by tracking Nasdaq 100, the most popular tech-focused Nasdaq 100 index in the world.
Weight Of Evidence Building
The stock market battled several key economic reports last week along with an FOMC meeting to finish the week lower overall. There were additional signs that the economy was weakening that encouraged those hoping for a rate cut sooner rather than later but others were worried that the Fed had waited too long to lower rates.
3 Underappreciated Tech Stocks With Massive Long-Term Potential
Today, we discuss three underappreciated tech stocks in a year when the technology sector has emerged as the powerhouse of 2024. The Invesco QQQ Trust ETF (NYSEARCA: QQQ ), which tracks the Nasdaq-100, has surged over 16% year-to-date (YTD).
