Nintendo stock is now "Super Mega Buy"

[Khuutra]

pezus said:

TruckOSaurus said:

Apple is at $454.23 right now, even if the stock gains $20 that's only a 4.4% gain.

Nintendo is at $17.01 right now, a $20 gain would represent a 115% gain, even a $5 gain would represent a 29% gain. So for the same amount of money invested, the Nintendo stock is the one with the greater potential for gain right now.

And also the greater potential for a loss. It's a risky buy, which is why I'd never classify it as super-mega buy

Uh.... sort of. Any loss at this point which be a greater loss, yes... but you have to keep in mind the perspective of time, here. It's a long-term sort of thing. The likelihood of Nintendo's stock failing to rise above $17 over the course of the next few years is remote, if one has any confidence in their software success (which many do, and reasonably so).

That's why it's a "super mega buy". The idea that it would stay this low, full-stop, for years on end? Not very likely