How is SPY stock faring? The SPDR S&P 500 ETF Trust is down 0.04% in the past 5 days but has risen about 30% over the past year.
According to TipRanks’ unique ETF analyst consensus, determined based on a weighted average of its holdings’ analyst ratings, SPY is a Moderate Buy. The Street’s average price target of $558.53 implies an upside of 9.9%.
Currently, SPY’s five holdings with the highest upside potential are Newmont Mining (NEM), AES Corp. (AES), Warner Bros (WBD), Insulet (PODD), and Walmart (WMT). Its five holdings with the greatest downside potential are United Rentals (URI), Robert Half International (RHI), Southwest Airlines (LUV), Viatris (VTRS), and Steel Dynamics (STLD).
Revealingly, SPY’s ETF Smart Score is eight, implying that this ETF is likely to outperform the market.
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