Hey guys, I'm interested in hearing what your thoughts are on buying Nintendo (NTDOY) at these levels. The stock is hitting new highs, but with these recent slate of NPD numbers, it looks like Nintendo is going to be banking it this generation.
Both the PS3 and Xbox 360 unit sales for April were below expectations while both the Wii and DS have been selling very strongly. The fact that Nintendo is the biggest publisher for these platforms is a double plus.
The big question is whether all this is priced in already. The stock has risen quite a bit recently.
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Both the PS3 and Xbox 360 unit sales for April were below expectations while both the Wii and DS have been selling very strongly. The fact that Nintendo is the biggest publisher for these platforms is a double plus.
The big question is whether all this is priced in already. The stock has risen quite a bit recently.