#5 - Nintendo (OTCMKTS:NTDOY)
Roaring Kitty made GameStop Corp. (NYSE: GME) relevant again in 2024. But if you’re looking to put money into a gaming stock, Nintendo Co. (OTCMKTS: NTDOY) is the one to consider.
NTDOY stock is down about 10% in the last six months after the company announced it was delaying the launch of its next-generation Switch console until 2025. The current switch console is over seven years old, and investors were banking on a strong refresh cycle during the all-important holiday season.
Nevertheless, the company’s financials continue to be strong even in the face of declining year-over-year revenue. As testament to that, the company’s profit margin increased by almost 1% in the last quarter.
If you’re looking to get ahead of the curve, shares of NTDOY could be a solid end-of-the-year buy for 2025 growth. Not only are you getting a stock that analysts suggest may grow by over 360%, but you get a semi-annual dividend with a yield of 3.19%.
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
- $14.70
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 2 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
