Get started
NINTENDO CO., LTDNINTENDO CO., LTDNINTENDO CO., LTD

NINTENDO CO., LTD

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

NTDOY/N trade ideas

Nintendo Switch OLED, Buy Buy Bye OldieWith the release of the 2021 Nintendo OLED Switch, and the holiday season being right around the corner. The release of the new switch is rumored to be in a few days. Right in time for parents to begin researching new consoles for the HOLIDAYS. The OLED display is a beautiful piece of engineering that will continue making Nintendo a leader in the Gaming industry. I mean, i've only seen it compared to the old switch in VIDEOS. It's gorgeous. The white finish on the dock, the white joy-cons, the glossy innards. The black blacks. NTDOY gets a BUY BUY BUY from me! Not the mention the beautiful price of the stock! Nintendo is going to be a BUY + GHOLD for me, as I have a little foresight on what might happen, which such a great company like Nintendo! Although no numbers will be given, it's possible that Nintendo will be back in its $70+ Ticker Days. OTC:NTDOY
OTC:NTDOY
by caraveoshot
1
NintendoThis is a gaming company that has lasted the test of time to the point that they have become the Mecca of the gaming world tbh. They are here to stay and are still competing well in a highly competitive industry! Looking over their financials, I like how the gross profit is increasing consistently since 2017. COGS has stayed stable. Steady increase in Net Income. Steady EPS increase. Steady Asset increase. Total current assets jumped this past year tremendously and has outweighed the increase in non current liabilities. Steady increase in total equity. Not too worried about debt increase due to this. Steady free cashflow growth. Increase in the last 2 years in changes in working capital. P/E Ratio decreasing over time. Valuation Ratios and Profitability Ratios are improving as a whole. Chart Analysis: Daily: MACD and RSI oversold. Possible support traced. 4 Hour: Same as Daily TF 1 Hour: Same as Daily TF 15 Min: New low was made. Entered consolidation. Turned into previous being broken. Possible retracement ready? Need to see MACD and RSI oversold before final decision. Price consolidated between $64 - $81 between September’20 and July ‘21. It broke out towards a downtrend and is finding support IMO on the 15 min TF. If it finds solid ground as it looks like it has potential to do, we could a possible retracement. *not advice *just sharing an idea
OTC:NTDOYLong
by Redimere_91
NTDOY to 90$ in 2021? (Swing and Long term trade idea)I have been in a NTDOY swing earlier this year catching the run from November to Jan. For some odd reason (and I know we shouldn't trade on emotion) I kind of miss holding NTDOY. So, I had told myself I would look into a long-term entry at some point in time in 2021. Fundamentals: > Pays a nice dividend (although fluctuating based on profit) > Not a Sony, not an XBox -- but better? The flagship switch is a handheld + a TV plug-in console. Meanwhile, Nintendo holds great nostalgic IP with Mario, Zelda and gang, which makes it a product millennial parents want to return to for their kids too. > Theme park -- Although not the scale of Disney, Nintendo's partnership with Universal will lead to the opening of parks across Tokyo (opened now) Florida, Hollywood, and Singapore by 2025. Unlike Disney where they keep the revenue, Nintendo's deal appears to be mainly through licensing. But, more than how much revenue Nintendo can make here, the big shift is how Nintendo is diversifying. This is what you want to see in a long-term stock. > Cathie Wood -- ARKK was investing big on NTDOY from the Nov drop and kept buying the stock consistently until March, which is when they started selling a little. A quick look at ARKK's holdings and you note Nintento is still a top 25 holding as off March 11, while (and I manually calculated this seeing they sold a little on March 11 and 12) -- they hold roughly about 4,595,000 shares of NTDOY in their portfolio today. This tells me that while Nintendo isn't viewed as Tesla style innovation play, there are still big things expected from their expanding eco-system in order to create value. > It doesn't end at the Switch. Nintendo has been rumored to be launching a new Nintendo Switch 2 (Switch Pro) device. This was expected to be announced Q1 2021, but with COVID, this has been pushed to 2022. Strategies: Swing: I am not getting into a swing here. But, for anyone interested, it's not a bad set up in my opinion. From where the stock is at present, there could be a 14% upside in the coming month. Enter - $69-70 Profit target: 14% upside with 80$ Profit target SL set just below 64$ Long-term strategy (hold until 2022 or beyond): I expect some risks towards summer of 2021 (or later in the year?), which could see the price in the range of 57-62$ for a great long-term entry. I would personally think for a long-term strategy, enter in the $68-70 range as an initial position and dollar cost average down if the weakness comes through. NTDOY is just bouncing off the 200 MA currently, so you're not buying at a high starting price. Compared to many other gaming stocks, Nintendo is well-aged and reliable and still very relevant. It is a slower moving stock than some other gaming stocks, but if you're looking for a reliable long-term play, this seems like a great dividend paying play to keep in the bag. Good luck traders.
OTC:NTDOYLong
by Karam08
1
NintendoWho we are Nintendo's mission is to put smiles on the faces of everyone we touch. We do so by creating new surprises for people across the world to enjoy together. We've forged our own path since 1889, when we began making hanafuda playing cards in Kyoto, Japan. Today, we’re fortunate to be able to share our characters, ideas and worlds through the medium of video games and the entertainment industry. Nintendo of America, established in 1980 and based in Redmond, Wash., is a wholly owned subsidiary of Nintendo Co., Ltd. We are committed to delivering best-in-class products and services to our customers and to investing in the well-being of our employees as part of the global Nintendo family. 1. Nice lineup of games releasing this month and the new Switch! 2. Financials are BOOMING! 3. Summer coming up in a COVID summer! My name is Ski Mask and I've been making bad decisions all my life.... Strike Price: $78
OTC:NTDOYLong
by Redimere_91
A bright future for NintendoVideo game stocks have proven to be popular this week (GameStop mania). While you won't see the same returns as GME, Nintendo is a more stable investment of the brand that many of us grew up with. This company has potential for further growth in their neighbouring China. “China is important to Nintendo because the country does not yet have a console culture in the same way that the U.S. or Japan does, which represents a growth opportunity for the company.” Source: Search Reuters article titled: Exclusive: Nintendo ships 1 million Switches in China since late-2019 launch. (TradingView doesn't allow me to post the link.) The orange line represents the NIKKEI futures index. Compared to Nintendo there's a short term crack in correlation ("manipulation"), stocks are being suppressed in anticipation for the earnings come February 1st. Historically February has shown to be a bullish month for Japanese equities. There is an old high at 73 200 yen which will inevitably be traded through. A quick move to the upside is to be expected, while this stock is also an excellent long term hold in your portfolio.
TSE:7974Long
by Liquidate