SPY stock in the SPDR S&P 500 ETF Trust is performing well

From Nasdaq: 2024-07-08 02:35:45

SPY stock in the SPDR S&P 500 ETF Trust is up 0.91% over the last 5 days and has increased by 17.4% year-to-date. Analyst consensus rates SPY as a Moderate Buy, with a Street average price target of $601.87, suggesting a potential upside of over 9%.

SPY’s top five holdings with the highest upside potential are Albemarle, Aptiv, Builders Firstsource, Warner Bros. Discovery, and United Airlines Holdings. Conversely, the five holdings with the greatest downside potential include Loews, Arista Networks, Teradyne, Expeditors International, and Tesla.

With an ETF Smart Score of eight, SPY is expected to outperform the market. Explore top equity ETFs with high upside potential through TipRanks’ analysis to enhance your ETF investing strategies. Stay informed on market trends with the latest insights and recommendations from TipRanks.



Read more at Nasdaq: SPY ETF Update, 7/8/2024   | Nasdaq