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Nvidia Dip Offers Prime Entry as Catalysts Target $300 Rebound

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The Story

News Summary

  • Nvidia pulled back to $220 despite blowout quarterly earnings, raised guidance, and a $35 billion Anthropic-Lambda GPU partnership.
  • Trading at a historically low forward P/E of 23 alongside massive share repurchases, strong fundamentals and technical support position the stock for a bullish rebound toward $300.
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NVDA price history

218.29 +19.87% over the displayed period

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