19.02.2025 09:35:00
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Nintendo Stock Is Soaring: Is It a Buy, Sell, or Hold?
Shares of Nintendo (OTC: NTDOY) (OTC: NTDO.F) have surged 25% so far in 2025 and are sitting close to all-time highs. Investors are clearly optimistic about Nintendo's upcoming Switch 2 launch. The original Switch came out in 2017 and became one of the company's best-selling game systems, selling more than 150 million units to date.The stock's recent gains reflect high expectations for sales. The stock is currently trading at a multiple of sales typically reserved for the fastest-growing video game stocks. Let's look at how the Switch 2 could be successful, and whether investors should buy, sell, or hold.Nintendo didn't provide a lot of details about the new console, other than to say it will support games from the original Switch. The company also didn't provide a specific release date but noted that it will be available in 2025.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Aktien in diesem Artikel
Nintendo Co Ltd Unsponsored American Deposit Receipt Repr 1-8 Sh | 18,10 | -0,55% |
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Nintendo Co. Ltd. | 73,86 | -0,03% |
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