This AI-Heavy ETF Has Already Turned $10,000 Into $1.8 Million. Is It a Buy?

The ProShares Ultra QQQ ETF (NASDAQ: TQQQ) has only been around for about 14 years, but it has already been a millionaire-making ETF. In fact, a $10,000 investment in 2010 would be worth more than $1.8 million today. Here’s how it has done so well, and what investors need to know before buying shares today.

*Stock prices used were the morning prices of July 2, 2024. The video was published on July 3, 2024.

Should you invest $1,000 in ProShares Trust – ProShares UltraPro Qqq right now?

Before you buy stock in ProShares Trust – ProShares UltraPro Qqq, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and ProShares Trust – ProShares UltraPro Qqq wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $771,034!*

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.

See the 10 stocks »

*Stock Advisor returns as of July 2, 2024

Matt Frankel has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

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