Is QQQ ETF A Buy Or Sell While Down Over 20% This Year?

Summary

• Investors have done very well buying QQQ after it has entered every bear market since 2009. We must consider several factors to decide if this is still a wise strategy.
• QQQ's metrics have improved greatly over the past 12 months, we look to see if its stocks' earnings growth rate supports its current valuation.
• We examine the impact of several important new factors that may make this time truly different from the rest of the period during which QQQ has traded.

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Between March of 2009 and January of 2022 the share price of the Invesco QQQ Trust (NASDAQ:QQQ) rose steadily with only brief corrections, every one of which investors correctly treated as a buying opportunity.

QQQ Price

Analyst’s Disclosure:I/we have a beneficial long position in the shares of VTI VOO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I am not a registered investment advisor. I am just an ordinary investor with a lot of curiosity who enjoys researching stocks and sharing what I find with others. Don't buy or sell any security you read about here before doing your own research and considering opposing views.