Why the Invesco QQQ ETF Jumped 54% in 2023
Shares of Invesco QQQ Trust (NASDAQ: QQQ) were among the big winners on the stock market last year. The ETF that tracks the Nasdaq 100 soared 54% last year, according to data from S&P Global Market Intelligence.
A number of trends and events pushed the tech-heavy index fund last year, including the hype around new generative AI technologies, beaten-down share prices in the tech sector at the start of 2023, and layoffs and other cost-cutting moves by big tech companies that helped give profits a boost last year.
The chart below shows the ETF's performance over the course of the year.
Source Fool.com
Invesco Ltd. Aktie
13,60 €
-1,45 %
Leichtes Buy-Übergewicht bei Invesco Ltd. mit 5 Buy- gegenüber 1 Sell-Einschätzungen.
Ein Kursziel von 18 € für Invesco Ltd. könnte zu einer Steigerung von mehr als 20% gegenüber dem aktuellen Kurs von 13.6 € führen.
