Motley fool just listed it today as one of their 5 best buys right now.

Good dividend ($2.30/2.92%), P/E ratio of 18.55

"In the nine months to Dec. 30, 2020, Nintendo's revenue is up 37% over the prior-year period, and operating profit is 98%, primarily due to sales of Switch and games (software) that are played on those consoles."

Yahoo finance has it listed as a strong buy with an average price target of $83.16. Its at $78.81 right now.

This would be an investment, not swing trade.

Anyone else in this?

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Posted by oklahogjr

Gold Membership

Member since Jan 2010

36747 posts

Posted on 2/26/21 at 12:09 am to Ballstein32

quote:
Yahoo finance has it listed as a strong buy with an average price target of $83.16. Its at $78.81 right now.

That's like 5.5% upside. Idk that I'd say that's a lot of upside. At 18pe and 1.96 peg it's not giving signs of of a value stock. Seems like a big outlay is required and expectations are already pretty much baked in.

Do you see any big surprises coming up for the company?

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Posted by Ballstein32

Member since May 2020

363 posts

Posted on 2/26/21 at 12:54 am to oklahogjr

Sounds like a new Nintendo switch could be released. Nothing confirmed, but rumors are swirling....could definitely boost sales for them. 4k capable, dual screen support, among other things

LINK

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Posted by ReadyPlayer1

Clown World

Member since Oct 2020

1060 posts

Posted on 2/26/21 at 1:26 am to Ballstein32

I did notice before Christmas that ARK was buying Nintendo. just checked it is in their ARKK

#23 NINTENDO CO. NTDOY
Shares 4,708,848
Market Value $371,104,310.88
Weight% 1.59

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Posted by makersmark1

earth

Member since Oct 2011

15735 posts

Posted on 2/26/21 at 4:21 am to Ballstein32

I’m not in it, but looks like there are earnings and a dividend.

Kind of a fun way to maybe get younger people and kids interested in investing.

I like the idea.

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Posted by CollegeFBRules