Is Invesco QQQ Trust a Buy?
Invesco QQQ Trust (NASDAQ: QQQ) has risen 35% over the past year, easily surpassing the roughly 14% rise in the S 500 index. That might lead some investors to consider this exchange-traded fund (ETF) a superior investment option. Don't buy it just yet; there are some important nuances you need to understand first.
As with every index-based investment product, the one thing you need to make sure you understand with Invesco QQQ Trust is the index it tracks. In this case, the index is the Nasdaq-100. It is unlike most of the other major market indexes in a very important way. Specifically, human hands don't touch the index. This is more important than you might think.
Image source: Getty Images.
Source Fool.com
Invesco Ltd. Stock
€13.52
-1.140%
Currently there is a rather positive sentiment for Invesco Ltd. with 5 Buy predictions and 1 Sell predictions.
As a result the target price of 18 € shows a positive potential of 33.14% compared to the current price of 13.52 € for Invesco Ltd..
