Is This Popular Stock A Buy Now?| Investor’s Business Daily

Looking for a high-growth stock with huge potential — especially as technology stocks get pounded? Apple stock or Microsoft? Amazon.com or Facebook? Why choose? Own them all.

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QQQ stock, or the Invesco QQQ Trust (QQQ), puts the 100 most-important Nasdaq stocks into your portfolio in one trade. Best of all, it leaves out financials, focusing your portfolio on companies in faster-growing sectors. The QQQ a low cost way to own the companies building the future economy.

And rather than trying to pick the right tech stock to buy and when to buy it, place one trade and you own them all right now.

All this at a rock-bottom fee of just 0.2% a year. Following a commission war launched in 2019 by Charles Schwab (SCHW), Interactive Brokers (IBKR) and TD Ameritrade (AMTD), you can buy this fund for no commission. That means you pay just $20 a year for every $10,000 invested.

How do you get on board?

What Is QQQ Stock?

QQQ stock is the fifth most-popular exchange-traded fund in the world, holding more than $160 billion in investors’ assets. It tracks the Nasdaq-100 index, which owns the most valuable nonfinancial stocks on the Nasdaq. QQQ is also the largest ETF that tracks a narrower slice of the stock market. The largest ETF is the broad SPY stock, which owns all the stocks in the S&P 500.

But while the QQQ stock isn’t a broad market ETF, it owns the most valuable stocks trading on the Nasdaq. That definition means the QQQ is very tech heavy. Most of the world’s biggest technology stocks still trade on the Nasdaq. And given that technology continues to be the top-performing sector, giants like Microsoft (MSFT) and Apple (AAPL) plus tech-adjacent Amazon.com (AMZN) only get more important in the ETF.

What Are The Top 10 Holdings In QQQ Stock?

QQQ stock is heavily tilted to megacap tech stocks. All of its top 10 holdings are technology or tech-related companies like Amazon.com.

Company
Symbol
Weight in QQQ Stock
Apple
(AAPL)
13.6%
Microsoft
(MSFT)
10.1%
Alphabet
(GOOG)
6.7%
Amazon
(AMZN)
5.4%
Tesla
(TSLA)
3.2%
Nvidia
(NVDA)
3.0%
PepsiCo
…..

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