#1 - Nintendo (OTCMKTS:NTDOY)
Nintendo Co. Ltd. (OTCMKTS: NTDOY) is a company best known for its leadership in the gaming industry. The company is the home of beloved titles such as Mario Bros., Pokémon, and Animal Crossing. The company generates approximately 43% of its revenue from hardware needed to support its video game platform.
A good example of this is the Nintendo Switch, which launched in 2017. Over 70% of users are over the age of 18 and roughly equally divided between male and female gamers. The next generation of the Nintendo Switch was set to come out in time for the holidays in 2024. When that launch got pushed back earlier this year, NTDOY stock dropped more than 25%.
But that has turned into a base of support that was tested, but not breached, after Nintendo reported earnings in August. With preorders ongoing for the Switch happening, it’s a good time to consider a position. Analysts give the stock a Moderate Buy rating and investors can collect a dividend that has a 2.01% yield.
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
- $13.21
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 3 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
