#7 - Nintendo (OTCMKTS:NTDOY)
One of the fascinating things about the evolution of the video game industry has been the movement from consoles to handhelds, back to consoles. In 2017, Nintendo (OTCMKTS:NTDOY) said how about both? They introduced the Nintendo Switch that can be used as both a portable player and as a home console.
Most likely to avoid competing directly with Microsoft and Sony, Nintendo is not planning to release a new Switch until 2021. But that is not deterring investors from bidding up the company’s stock. One reason for this is that Nintendo continues to release new games for the Switch. And they are doing this in a digital fashion. Nintendo is not as advanced in the digital delivery space as some of its competitors, but it is rapidly closing that gap. Investors are excited about the opportunity that will present in 2020.
Nintendo is also going to be dipping its toe into being an entertainment provider by producing TV shows and movies based on characters in its franchise.
About Nintendo
Nintendo Co, Ltd., together with its subsidiaries, develops, manufactures, and sells home entertainment products in Japan, the Americas, Europe, and internationally. It also offers video game platforms, playing cards, Karuta, and other products; and handheld and home console hardware systems and related software.
Read More - Current Price
- $14.42
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 1 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
