| sethnintendo said: So you honestly don't think their stock won't move to 70 dollars a share? The Switch has only been out one year. Usually it takes investors about a year or two to pull their heads out of their asses for video game stocks. Nintendo stock will hit 70 dollars a share next year. I guarantee it. |
Actually, Nintendo's stock is currently valued at around $400 USD per share so it sounds like they recently merged stocks ...
Sony on the other hand is just valued at just under $50 USD yet what's more is that they have a P/E ratio that's nearly 3x smaller than Nintendo's so they are not only a solid bet but their probably undervalued too and they have a solid room for growth as revenues/profits from their other divisions keep increasing. Their future shining brighter than most would be an understatement ...
Nintendo stock is OK but there's arguably better avenues to seek investments to your portfolio other than Nintendo and maybe even Sony too!
