Why Trump might help Nvidia stock enter a sharp short-term rally
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Donald Trump's campaign promises of protectionist tariffs could potentially benefit Nvidia (NVDA) by reducing competition from foreign companies, leading to a short-term rally in its stock.
January 29, 2025 | 1:15 pm
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Nvidia (NVDA) might experience a short-term stock rally due to Trump's protectionist tariffs, which could reduce competition from foreign companies.
Trump's tariffs are likely to reduce competition from foreign companies, which could benefit Nvidia by increasing its market share and driving up its stock price in the short term.
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