Prediction: This Growth ETF Will Triple Over the Next 10 Years. Here's the Math.
This top-performing ETF has lots more growth ahead.
Overview
The Invesco QQQ Trust (NASDAQ: QQQ) is one of the most popular exchange-traded funds (ETFs). It's currently the fifth-largest ETF by assets under management at $476 billion and the second-most traded ETF by volume. The driving factor of the fund's popularity is its returns. It ranks in the top 1% of large-cap growth funds over the last 15 years.
This top ETF has more than doubled over the past five years. I predict it could triple in value over the next decade. Here's the math and the thesis driving my bullish view.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.