Forget the Nasdaq -- Invest in This Unstoppable ETF Instead
The technology-heavy Nasdaq Composite index has been on a remarkable tear over the past decade, outperforming the S 500 by a wide margin. But one popular exchange-traded fund (ETF) has done even better: the Invesco QQQ Trust (NASDAQ: QQQ).
No, don't write off the Nasdaq. That said, the QQQ could still be the better buy. It has been unstoppable over the past decade, appreciating by 400% and never falling further than 36% from its high. Will that continue in the years ahead?
Exchange-traded funds are collections of stocks that trade under one ticker symbol. This makes them an easy way for investors to diversify their portfolios. The Invesco QQQ Trust holds shares of 101 companies in its portfolio.
Source Fool.com
Invesco Ltd. Stock
Our community is currently high on Invesco Ltd. with 5 Buy predictions and 2 Sell predictions.
With a target price of 18 € there is a positive potential of 26.85% for Invesco Ltd. compared to the current price of 14.19 €.