Nintendo stock is now "Super Mega Buy"

[Seece]

pezus said:

Seece said:

pezus said:

Super Mega Buy? Uh, how about no lol

They're basing that on wild speculation and even say it's above Apple...right

I was about to blast you saying it's a professional stock analsytict firm ... thingy, then clicked the link and it's industry gamers lawl.

This just doesn't warrant a "Super Mega Buy", which should mean that there's almost absolute certainty that their stock will jump soon: 

We feel that Nintendo’s stock currently has more upside than Apple. Our investment thesis is that Wii U will return the Big N to revenue and earnings growth for the next 3 years.  We also feel that reports of the death of the 3DS after its release were greatly exaggerated.  Clearly we have been early, but our investment thesis has not been refuted as of yet.

It's not a dead cert no, I agree with their overall point though. I think Nintendo are almost out of the woods. They plan for 3DS to be profitable this year, and it's bound to get huge sales next holiday. Guess it depends on what they sell WiiU at, and if the Yen situation gets significantly worse.

And compared to Apple, I guess analysts are just cautious about growth and if it can really sustain it, it seems though the sky is the limit with Apple.