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Investor Insights

This summary was created by AI, based on 14 opinions in the last 12 months.

The experts have mixed opinions on the QQQ Trust, with some recommending it as a long-term hold, while others are cautious due to potential market volatility and high valuations in the tech sector. There is also concern about the impact of interest rate changes on the stock. It is noted that the trust includes top holdings such as Apple, Microsoft, Amazon, Nvidia, and Meta, which have outperformed in 2023. Social media mentions have also significantly increased, indicating heightened interest from retail investors.

Consensus
Mixed
Valuation
Fair Value
SELL ON STRENGTH

It's close to overbought. Earnings have supported the rise in megatech stocks lately, but this is due for a small pullback in coming weeks.

E.T.F.'s
WATCH
QQQ vs. XQQ

NASDAQ is primarily tech companies, and you pay up for that. Growth rate for a lot of those companies is strong. But he sees the market broadening out to other sectors. As the economy and the monetary environment improve, we'll see industrials and financials improve. We might even see some rotation.

The US version of a US-stock ETF will always be cheaper. For QQQ, you're paying 20 bps; XQQ is 39 bps, almost double. XQQ is hedged, which hasn't helped you, might help you going forward but doesn't see CAD having a big push against the USD. He'd prefer QQQ, but be cautious on tech at this point.

E.T.F.'s
BUY

US tech space is going to be the market that outperforms. He'd definitely put some new money there on any pullbacks of 5-7%. Soon to be in a lower growth, deflationary environment, where tech historically has performed better. Low cost ETF, can get in easily.

E.T.F.'s
premium

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TOP PICK

The investment seeks investment results that generally correspond to the price and yield performance of the index. To maintain the correspondence between the composition and weights of the securities in the trust (the "securities") and the stocks in the NASDAQ-100 Index®, the adviser adjusts the securities from time to time to conform to periodic changes in the identity and/or relative weights of index securities. The composition and weighting of the securities portion of a portfolio deposit are also adjusted to conform to changes in the index. Social media mentions are up 250% in the past 24h.

E.T.F.'s
SHORT

Is shorting the QQQ as a hedge. The VIX has moved up a lot in recent weeks.

E.T.F.'s
BUY

Still likes the Qs. Good to hold long term. To be defensive, sell calls.

E.T.F.'s
premium

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TOP PICK

The investment seeks investment results that generally correspond to the price and yield performance of the index. To maintain the correspondence between the composition and weights of the securities in the trust (the "securities") and the stocks in the NASDAQ-100 Index®, the adviser adjusts the securities from time to time to conform to periodic changes in the identity and/or relative weights of index securities. The composition and weighting of the securities portion of a portfolio deposit are also adjusted to conform to changes in the index. Social media mentions are up 144% in the past 24h.

E.T.F.'s
BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

Market timing of course is rarely perfect nor recommended. On a fundamental basis, lower interest rates (expected) and improving corporate profits (likely) are good for the tech sector. But anything that changes these expectations could result in a sell off even just on profit taking alone. Still, conditions we think favour buyers right now, and we would be comfortable buying QQQ. 
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E.T.F.'s
premium

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TOP PICK

The investment seeks investment results that generally correspond to the price and yield performance of the index. To maintain the correspondence between the composition and weights of the securities in the trust (the "securities") and the stocks in the NASDAQ-100 Index®, the adviser adjusts the securities from time to time to conform to periodic changes in the identity and/or relative weights of index securities. The composition and weighting of the securities portion of a portfolio deposit are also adjusted to conform to changes in the index. Social media mentions are up 38% in the past 24h.

E.T.F.'s
DON'T BUY

TQQQ gives you performance that's 3x the daily (an important distinction) performance of the NASDAQ 100, magnified returns and magnified risk. Be very cautious of this strategy.

QQQ gives exposure mostly to tech, and larger weightings in the Magnificent 7. He owns some of those names, but he's very cautious of owning the broader tech index, as valuations are extended.

E.T.F.'s
SELL

He just sold it after buying it at $368. Is feeling bearish about the rest of the year. Tech and communication services will offer the only chance of a Q4 rally. And yes, he sold QQQ right before megatech reports next week, and those reports could be good. What changed his mind was the Fed, appearing that they won't quit raising interest rates (Jay Powell spoke yesterday).

E.T.F.'s
BUY

He just bought the dip in megatech. Expects upside in megatech in Q4 as the market chases performance. Megatech will deliver such returns.

E.T.F.'s
premium

It's a Monthly Gems opinion which is available only for Premium members

Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK

In order, this basket holds Apple, Microsoft, Amazon, Nvidia and Meta as its top five holdings. All have outperformed in 2023, especially Nvidia. QQQ pays a dividend of 0.57%, but charges only a 0.2% MER. True to the stocks this basket holds, QQQ is no income name, but an ETF to trade when tech peaks and slides. On that note, consider this when the market declines a few more percentage points.

E.T.F.'s
TRADE

Outlook for the remainder of the year and going into 2024, we could be range bound. If we're range bound, it's very technically driven, so you have to know where resistance and support are.

You have to trade it, because we're not in an investing environment.

E.T.F.'s
BUY ON WEAKNESS

Buy on dips. Last year you would have bought on any rally.

E.T.F.'s
Showing 1 to 15 of 107 entries

Invesco QQQ Trust Series 1(QQQ-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 4

Total Signals / Votes : 9

Stockchase rating for Invesco QQQ Trust Series 1 is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Invesco QQQ Trust Series 1(QQQ-Q) Frequently Asked Questions

What is Invesco QQQ Trust Series 1 stock symbol?

Invesco QQQ Trust Series 1 is a American stock, trading under the symbol QQQ-Q on the NASDAQ (QQQ). It is usually referred to as NASDAQ:QQQ or QQQ-Q

Is Invesco QQQ Trust Series 1 a buy or a sell?

In the last year, 9 stock analysts published opinions about QQQ-Q. 5 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Invesco QQQ Trust Series 1.

Is Invesco QQQ Trust Series 1 a good investment or a top pick?

Invesco QQQ Trust Series 1 was recommended as a Top Pick by on . Read the latest stock experts ratings for Invesco QQQ Trust Series 1.

Why is Invesco QQQ Trust Series 1 stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Invesco QQQ Trust Series 1 worth watching?

9 stock analysts on Stockchase covered Invesco QQQ Trust Series 1 In the last year. It is a trending stock that is worth watching.

What is Invesco QQQ Trust Series 1 stock price?

On 2024-06-14, Invesco QQQ Trust Series 1 (QQQ-Q) stock closed at a price of $479.19.