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SPY ETF Update, 9/11/2024  – TipRanks.com


How is SPY stock faring? The SPDR S&P 500 ETF Trust is down 0.46% in the past five days but has risen 24.09% 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 $625.55 implies an upside of 13.99%.

Currently, SPY’s five holdings with the highest upside potential are Micron Technology (MU), Moderna (MRNA), Schlumberger (SLB), MGM Resorts (MGM), and Bath & Body Works (BBWI).

Meanwhile, its five holdings with the greatest downside potential are Altria (MO), Clorox (CLX), Resmed (RMD), McCormick & Company (MKC), and AFLAC (AFL).

Revealingly, SPY’s ETF Smart Score is eight, implying that this ETF is likely to outperform the market. 

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Read More: SPY ETF Update, 9/11/2024  – TipRanks.com

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