How To Earn $500 A Month From NVIDIA Stock
Portfolio Pulse from Avi Kapoor
NVIDIA Corporation (NASDAQ:NVDA) shares fell 2% to close at $857.74 on Monday, following a recent 19% gain over the past month and a 78% increase year-to-date. Mizuho analyst Vijay Rakesh maintained a Buy rating on NVIDIA, raising the price target from $850 to $1,000. NVIDIA faces a lawsuit from three authors alleging unauthorized use of their works to train its AI platform. The article also explores how investors can earn monthly income from NVIDIA's dividends, with an annual yield of 0.02%.
March 12, 2024 | 1:38 pm
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NVIDIA's stock fell 2% after recent gains and faces a lawsuit over AI training practices. Mizuho maintains a Buy rating with a $1,000 target. NVIDIA offers a 0.02% annual dividend yield.
The recent lawsuit could potentially impact NVIDIA's reputation and investor sentiment negatively in the short term, leading to a decrease in stock price. However, the strong buy rating and raised price target from Mizuho could mitigate some of the negative impact. The dividend yield, while modest, indicates a stable return for investors, but is unlikely to significantly affect the stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100