From Nasdaq:



The SPDR S&P 500 ETF Trust (SPY) has had a minimal decrease of 0.08% over the past 5 days, but has seen a substantial increase of 25.74% since the beginning of the year. According to TipRanks, SPY is currently rated as a Moderate Buy, with an average price target of $513.34, indicating an 8.4% upside potential. SPY’s ETF Smart Score is also eight, suggesting that the ETF is likely to outperform the market averages.

Currently, SPY’s top five holdings with the highest upside potential are Bio-Rad Laboratories, Warner Bros. Discovery, United Airlines, Halliburton, and Nvidia. On the other hand, its top five holdings with the greatest downside potential are Robert Half International, Expeditors International, Franklin Resources, Seagate Tech, and Waters. Investors can also power up their ETF investing with TipRanks by discovering the top equity ETFs with high upside potential based on their analysis.

Overall, the article provides an overview of the current performance and analyst consensus of the SPDR S&P 500 ETF Trust (SPY), highlighting its potential for future growth and outperformance in the market.



Original: SPY ETF Update, 12/25/2023 | Nasdaq