HomeMarket NewsVOO ETF Market Insights as of October 31, 2024

VOO ETF Market Insights as of October 31, 2024

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Current Status of VOO Stock: Ups and Downs

The Vanguard S&P 500 ETF (VOO) has seen a decline of 0.55% over the last five days but boasts a significant increase of 40.94% over the past year.

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Analyst Insights on VOO ETF

According to TipRanks’ specialized ETF analyst consensus, which analyzes ratings from various sources, VOO is classified as a Moderate Buy. The average price target set by analysts is $588.37, indicating a potential upside of 10.36%.

Top Holdings with Promise and Risks

Among VOO’s top five holdings showing the most upside potential are Schlumberger (SLB), Biogen (BIIB), Moderna (MRNA), Halliburton (HAL), and Bath & Body Works (BBWI). On the flip side, its least favorable holdings, with the greatest downside potential, include Tesla (TSLA), Palantir Technologies (PLTR), Marketaxess Holdings (MKTX), Airbnb (ABNB), and Boston Properties (BXP).

Performance Expectations

Interestingly, VOO ETF holds a Smart Score of seven, which suggests that it is expected to perform in line with the market averages.

For investors looking to enhance their ETF selection, TipRanks offers insights into top equity ETFs that indicate high upside potential based on their detailed analysis.

Disclosure

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.

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