#3 - Nintendo (OTCMKTS:NTDOY)
Nintendo Co. Ltd. (OTCMKTS: NTDOY) is the parent company behind the Nintendo Switch, one of the most popular handheld video game consoles of the last decade. That console is nearly 10 years old and gamers are eagerly awaiting the release of the second generation Switch (NS2), which is expected sometime in 2025.
That’s one reason that analysts believe NTDOY stock could provide solid growth for investors in the coming years. However, the low-margin nature of gaming hardware isn’t a sufficient reason to buy. The company’s real strength lies in its iconic intellectual property, particularly the Super Mario franchise. Following the success of The Super Mario Bros. Movie in 2024, a sequel is already set for release in 2026.
But before that happens, Super Nintendo World, the latest in the company’s theme park destinations, will open in Florida. This will continue to open up licensing and marketing opportunities for the company.
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.
More about Nintendo- Current Price
- $18.58
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 1 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
