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https://investorplace.com/2020/06/best-etfs-for-2020-the-invesco-qqq-trust-should-keep-climbing-higher/

Best ETFs for 2020: The Invesco QQQ Trust Should Keep Climbing Higher

2020-06-30 02:47:05, By Readers' Choice

Jun 30, 2020, 6:47 am EDT

June 30, 2020, InvestorPlace

Content Categorization
/Business & Industrial
/News/Business News/Financial Markets News
/Finance/Investing
/News/Business News/Company News

Word Count:
654

Words/Sentence:
34

Reading Time:
4.36 min

Reading Quality:
Adept

Readability:
13th to 15th

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These holdings "ensure its viability amid growing social distancing initiatives."

Communications stocks such as Netflix and Facebook have held steady in 2020, and in some cases have in fact charted significant rises over the past six or so months.

While many industries have suffered great losses this year, QQQ's heavy focus on communications and tech stocks such as Microsoft (NASDAQ:MSFT) and Nvidia (NASDAQ:NVDA) has helped it succeed where other stocks and funds have faltered.

Why QQQ Is Among the Best ETFs in 2020

The success of much of its holdings was inevitable with or without the coronavirus crisis thrown into the mix.

QQQ holds so many tech behemoths that are at the center of our hyper-connected world, it's nearly impossible to imagine this fund not succeeding.

Also consider the fund's structure.

As I predicted, much of the strength in the QQQ ETF came from its "inclusion of communications services stocks like Facebook (NASDAQ:FB), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Netflix (NASDAQ:NFLX)."

In fact, the entire gaming industry has enjoyed groundbreaking success amid stay-at-home initiatives, as many around the world picked up the hobby to enjoy risk-free socialization and at-home entertainment.

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