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Nvidia Shares Poised for 14% Upside as Accumulation Continues
Nvidia Shares Poised for 14% Upside as Accumulation Continues
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BTCCSquare news:
Nvidia (NVDA) shares weathered a turbulent July, sliding to $153 amid profit-taking NEAR its 52-week high of $158. Despite the pullback, the stock remains a standout performer—rebounding from a 48% Q1 plunge to post 10.84% year-to-date gains. Institutional and retail investors continue accumulating positions, viewing current levels as discounted entry points below the $200 threshold.
Analysts project a 14% rally to $173-$174 by July 2025, according to Traders Union data. A $1,000 investment could yield $1,140 if targets materialize. The chipmaker's resilience below $100 in April underscores persistent demand, with its AI-driven growth narrative overpowering short-term volatility.
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