Undervalued Opportunity in Nintendo (NTDOY)

26 days ago

Chris Marotch

"So, my pick for the stock that I found early this year is Nintendo and the ticker symbol is NTDOY. You and I talked about this on the channel. It was, it might have even been late last year, but we were talking about this and I said the Switch is coming out. The stock looked massively undervalued where it was. It popped about 20% right after the Switch 2 was released. The stock is down a little bit right now, but I think that's actually presenting another opportunity. You see revenue growth year-over-year. You're seeing earnings growth year-over-year. So, I think there's a strong story. One bit of caution is it is an OTC market stock and that means that it may not be available for every investor in every trading platform, but if it is available for you, this is a stock you're going to want to watch."

Chris highlights Nintendo (NTD) as an early find that popped 20% after Switch 2's release. Despite a current dip, strong revenue and earnings growth suggest a buying opportunity, with a caution regarding its OTC status.