This summary was created by AI, based on 1 opinions in the last 12 months.
ProShares UltraPro QQQ (TQQQ-Q) is a high-risk, high-reward investment option that aims to provide 3x the daily performance of the NASDAQ 100. This means investors can potentially achieve magnified returns, but with equally magnified risk. The fund offers exposure mostly to the tech sector, with larger weightings in the so-called 'Magnificent 7' tech companies. However, experts caution about extended valuations in the broader tech index, urging investors to be very cautious about this strategy.
ZQQ-T vs. TQQQ-N. The question is if you buy it with a currency hedge or the US version. If you are holding for the next few years, the Canadian dollar will be stronger down the road. He would prefer the ZQQ-T version but today is not the day to buy. In the next market decline he thinks some of the tech stocks will get hit.
It is a leveraged long play on the NASDAQ. Anything with leverage deserves extreme caution. It is FANGs on METH. Active traders use these.
ProShares UltraPro QQQ is a American stock, trading under the symbol TQQQ-Q on the NASDAQ (TQQQ). It is usually referred to as NASDAQ:TQQQ or TQQQ-Q
In the last year, 1 stock analyst published opinions about TQQQ-Q. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for ProShares UltraPro QQQ.
ProShares UltraPro QQQ was recommended as a Top Pick by on . Read the latest stock experts ratings for ProShares UltraPro QQQ.
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.
1 stock analyst on Stockchase covered ProShares UltraPro QQQ In the last year. It is a trending stock that is worth watching.
On 2024-03-27, ProShares UltraPro QQQ (TQQQ-Q) stock closed at a price of $61.95.
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.