tiprankstipranks
SPY ETF Update, 4/25/2024  
Market News

SPY ETF Update, 4/25/2024  

Story Highlights

Let’s take a quick look at how the SPDR S&P 500 ETF Trust has been performing.

How is SPY stock faring? The SPDR S&P 500 ETF Trust is up 1.68% in the past 5 days and has risen about 26% 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 $574.10 implies an upside of more than 13%. 

Currently, SPY’s five holdings with the highest upside potential are Caesars Entertainment (CZR), On Semiconductor (ON), Warner Bros. (WBD), Bio-Rad Laboratories (BIO), and Carnival Corporation (CCL).  

Meanwhile, its five holdings with the greatest downside potential are Loews (L), Packaging (PKG), Hormel Foods (HRL), Westinghouse Air Brake Technologies (WAB), and Airbnb (ABNB).  

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

Power up your ETF investing with TipRanks. Discover the Top Equity ETFs with High Upside Potential, carefully curated based on TipRanks’ analysis.     

Disclosure  

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles