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Strategies & Market Trends : Trader J's Inner Circle
NVDA 197.99+5.2%3:11 PM EST
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From: Trader J5/24/2024 10:57:51 AM
1 Recommendation

Recommended By
Lou Weed

   of 56532
 
TRADE: Initiated first position in NVS at $100.15. Could move higher or lower from here as it's just off recent highs but well up from it's recent lows. Will add another 2-3 positions over the next couple of months. I like the forward valuation below 14 and the 3.7% yield. Would love to see it come down another 5-10% and will capitalize if it does which would take the yield closer to 4%.
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