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SPY ETF Update, 11/27/2024  

How is SPY stock faring? The SPDR S&P 500 ETF Trust  is up 1.08% in the past 5 days and has risen about 26.47% year-to-date.

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 $657.39 implies an upside of more than 9.45%. 

Currently, SPY’s five holdings with the highest upside potential are Moderna ($MRNA), Celanese ($CE), AES Corp. (AES), Biogen ($BIIB), and Regeneron Pharmaceuticals ($REGN).

Meanwhile, its five holdings with the greatest downside potential are Palantir ($PLTR), Tesla Motors ($TSLA), Paycom ($PAYC), Blackstone Group ($BX), and Franklin Resources  ($BEN).

Revealingly, SPY’s ETF Smart Score is seven, implying that this ETF is likely to perform in line with the market.

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

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Shalu Saraf
Shalu is an editor and financial writer at TipRanks. She has written online content about stocks and other equities for the past 18 years. She previously worked on NYSE and NASDAQ-listed equities, performing fundamental and qualitative analysis of management strength, business strategy, and product/services forecast as indicated by major brokers covering the stock. She has completed her graduation with an Honours degree in Accounting and Finance from Calcutta University. She also holds a Masters in Finance from ICFAI University. A financial degree and extensive professional experience have instilled strong analytical, problem solving and interpersonal skills, allowing her to give her best in whatever she undertakes. She enjoys reading books, watching TV shows, and listening to music and podcasts in her spare time. Shalu’s LinkedIn profile: https://www.linkedin.com/in/shalu-saraf-b72676215/