Nasdaq NFLX NetFlix

Investors looking to invest in tech stocks may consider the Invesco QQQ Trust ( NASDAQ:QQQ ). So far in 2023, the QQQ ETF has advanced more than 42%, easily outperforming the 18.6% rise in the S&P 500 Index ( SPX ). Encouragingly, the ETF’s Outperform Smart Score on TipRanks indicates positive signals. Also, the analysts’ average price target implies more room for the ETF to grow. The ETF might have more room to run on the back of falling inflation, the economy’s resilient recovery, and the pause on the Fed’s benchmark interest rate hike. QQQ ETF: Key Supporting Factors The QQQ ETF stock is a growth-focused index fund with about $208.95 billion in assets under management as of July 20. Also, the ETF has a low expense ratio (cost of managing the ETF) of 0.20%, which makes it a promising investment. Moving on, the QQQ ETF stock has beaten the S&P 500 Index in nine out of the last ten years, with the trend continuing in 2023 so far. Moreover, the stock has delivered an average annualized return of 18.93% in the past decade, ending in June 2023. Favorable Smart Score According to TipRanks’ Smart Score System,  QQQ has a Smart Score of 8 out of 10, which indicates that the ETF could outperform the broader market over the long term. It is worth highlighting that more than 50% of the holdings boast an Outperform  Smart Score (i.e., a score of 8 or higher). The stock has a  Positive signal from retail investors. Our data shows that about 10.3% of TipRank’s retail investors changed their holdings of the QQQ in the last 30 days. Moreover, The SPY ETF enjoys bullish blogger sentiment on TipRanks. Is Invesco QQQ a Good Buy, According to Top Analysts? As per 1,244 top analysts providing ratings on the  QQQ’s 102 holdings, the ETF is a Moderate Buy, and the average price target of $415.49 implies a 10.28% upside. It is noteworthy that these top analysts have an impressive history of helping investors generate massive returns from their recommendations. QQQ ETF’s Best-Performing Stocks Here are some notable companies within the QQQ ETF that have demonstrated outstanding performance in the past year: Nvidia Corporation ( NVDA ) Netflix Inc. ( NFLX ) Broadcom Inc. ( AVGO ) Constellation Energy Corporation ( CEG ) Trade Desk ( TTD ) Meta Platforms, Inc. ( META ) ON Semiconductor Corporation ( ON ) Paccar ( PCAR ) Dexcom ( DXCM ) Booking Holdings ( BKNG ) Disclosure

Fool.com contributor Parkev Tatevosian reviews Netflix's (NASDAQ: NFLX) quarterly update to determine if the company's biggest headwinds are behind it.

Global stocks were subdued on Friday after earnings reports from Tesla and Netflix failed to dazzle and ahead of an action-packed week for central bank interest rate decisions.

India's biggest cinema operator PVR Inox is banking on Hollywood's "Oppenheimer", "Barbie" and unlimited popcorn to pack theatres after a string of Bollywood flops kept away those patrons who still favour going to the movies over streaming services.

Fintel reports that on July 20, 2023, Deutsche Bank maintained coverage of Netflix (NASDAQ:NFLX) with a Buy recommendation. Analyst Price Forecast Suggests 6.67% Downside

Fintel reports that on July 20, 2023, Wells Fargo reiterated coverage of Netflix (NASDAQ:NFLX) with a Overweight recommendation. Analyst Price Forecast Suggests 6.67% Downside

Fintel reports that on July 20, 2023, JP Morgan maintained coverage of Netflix (NASDAQ:NFLX) with a Overweight recommendation. Analyst Price Forecast Suggests 6.67% Downside

Fintel reports that on July 20, 2023, Guggenheim reiterated coverage of Netflix (NASDAQ:NFLX) with a Buy recommendation. Analyst Price Forecast Suggests 6.67% Downside

Fintel reports that on July 20, 2023, Rosenblatt maintained coverage of Netflix (NASDAQ:NFLX) with a Neutral recommendation. Analyst Price Forecast Suggests 6.67% Downside

Fintel reports that on July 20, 2023, Wolfe Research maintained coverage of Netflix (NASDAQ:NFLX) with a Outperform recommendation. Analyst Price Forecast Suggests 6.67% Downside

Fintel reports that on July 20, 2023, Canaccord Genuity maintained coverage of Netflix (NASDAQ:NFLX) with a Buy recommendation. Analyst Price Forecast Suggests 6.67% Downside

Fintel reports that on July 20, 2023, Credit Suisse reiterated coverage of Netflix (NASDAQ:NFLX) with a Neutral recommendation. Analyst Price Forecast Suggests 6.67% Downside

Fintel reports that on July 20, 2023, B of A Securities maintained coverage of Netflix (NASDAQ:NFLX) with a Buy recommendation. Analyst Price Forecast Suggests 6.67% Downside

Fintel reports that on July 20, 2023, Keybanc maintained coverage of Netflix (NASDAQ:NFLX) with a Sector Weight recommendation. Analyst Price Forecast Suggests 6.67% Downside

Asian shares were subdued on Friday after earnings reports from Tesla and Netflix failed to dazzle, while the dollar and Treasury yields held gains ahead of an action-packed week that could see the end of the U.S. tightening cycle.

Japan's June inflation data hopped onto a widening trend for price pressures to start showing signs of peaking, although that provided limited cheer to investors in Asia - as did China's latest measures to stimulate consumption.

Asian shares fell on Friday after Tesla and Netflix weighed on U.S. tech shares after their earnings reports, while the dollar and Treasury yields held their gains ahead of an action-packed week that could see the end of the U.S. tightening cycle.

The blue-chip Dow outperformed the major indices for the first time in a while today, as market valuations have begun to get heady on the Nasdaq, S&P 500 and small-cap Russell 2000. The Dow gained +163 points on the session, +

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.68%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -2.28%. Stocks settled mostly lower Thursday, although the Dow Jones...

The S&P 500 and Nasdaq fell on Thursday, weighed down by drops in Tesla and Netflix following their quarterly results, but the Dow advanced for a ninth straight day thanks to gains in Johnson & Johnson following a strong annual forecast.