I’ve been watching Nintendo (NTDOY.PK) stock very closely. Right now it is trading in the $61 range (which was my average purchase price before I sold at $72). I can’t specifically say that it is the right time to buy only because the entire stock market is on it’s way down, but I am definitely getting back in soon. Nintendo is a powerful company with revolutionary gaming consoles that never get old. Even in times of recession, the general public will look for entertainment. The Wii is a console that can be played by people of pretty much any age. I see a positive year for Nintendo and strong sales for the Wii and DS.
In other related news:
- I read that Sega may be planning to open theme parks in the Middle East and North Africa? Hmm… Interesting stuff, eh?
- The 2008 Nintendo game lineup has been released for the first half of the year for both the Wii and the DS.
- The upcoming “smash” hit, Nintendo Wii: Smash Brothers was awarded the highest score in famitsu; No easy task!
1 response so far ↓
1 Mr K // Jan 18, 2008 at 7:55 am
Just an update - Nintendo (NTDOY) is now trading at the $63 range. Good time to buy!
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