Key Points
The Invesco QQQ Trust (NASDAQ: QQQ), which mirrors the Nasdaq-100 index, is the second-most traded ETF in the U.S. based on average daily volume. Over the past decade, a $1,000 investment in QQQ made on August 25, 2015, would be worth over $5,800 today, or over $6,200 including dividends.
Future growth for QQQ is anticipated to be driven by opportunities in artificial intelligence, cloud computing, cybersecurity, and digital advertising, with major companies like Nvidia, Apple, Microsoft, Alphabet, Amazon, and Meta Platforms leading the way.
Despite its past performance, the Motley Fool analyst team has identified 10 current stocks that they believe may offer better returns than QQQ, suggesting that potential investors should exercise caution before purchasing.
