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Nervous markets await NvidiaThis summary was created by AI, based on 11 opinions in the last 12 months.
The Invesco QQQ Trust Series 1 (QQQ-Q) is highly regarded among experts, especially given the current growth potential in the technology sector, which remains a significant draw for long-term investors. While some suggest that a portion of holdings could be shifted to QQQE to reduce market cap weighting and retain exposure to tech, others recommend using the QQQ for trading and hedging strategies, particularly as volatility in the market continues. There's a consensus on the favored outlook for tech, noting a likely short-term pullback due to the overbought conditions, and many experts advocate for strategic investments in tech aligned with macroeconomic improvement. Additionally, the low cost of this ETF and robust social media interest highlight its relevance in the current market landscape.
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.
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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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
In the last year, 7 stock analysts published opinions about QQQ-Q. 3 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Invesco QQQ Trust Series 1.
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.
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.
7 stock analysts on Stockchase covered Invesco QQQ Trust Series 1 In the last year. It is a trending stock that is worth watching.
On 2025-04-24, Invesco QQQ Trust Series 1 (QQQ-Q) stock closed at a price of $467.35.
He is seeing growth being the biggest draw down in the market. There are tailwinds for tech so you can look to add if you have a long time frame.