In this video I will talk about five reasons Nintendo (OTC: NTDOY) the stock could explode soon. The stock is down 22% year-to-date, but I think the company has a lot of positive things to come. And his recent $ 652 million share buyback suggests he’s convinced the stock is worth more. You can find the video below.
Potential tail winds
Here are some confirmed tailwinds for the company:
- The new Nintendo Switch OLED is expected to be released soon.
- Lots of new games are coming out towards the end of the year and early 2022, as the revamped Pokémon Diamond Version and Pokémon Pearl Version, Pokémon Arceus, Terror Metroid, and more.
- Pokémon Unite was recently released on mobile.
- Sega Genesis and Nintendo 64 games are offered as part of Switch Online.
And that’s not all: as I wrote a few months ago, Nintendo is building theme parks, a Mario movie is coming out next year, and the company is finally properly monetizing its massive library of IP addresses.
Rumor has it that the older Game Boy and Game Boy Color games may soon become playable on the Switch. It could be huge even if the price of the games is not that high. Nintendo has also been spending more and more on R&D, and I very much doubt that this is just for a refresh of the OLED console. The company could be working on a new secret console for the next year. Maybe a new updated GameCube?
For the full information, watch the video below.
* The stock prices used were the closing prices of September 22, 2021. The video was posted on September 23, 2021.
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