Ban bet Nintendo stock to $16 by EOY and if it hits $16 I’ll donate some switch 2s to children Hospitals
I previously did a ban bet for MSFT to $500 by EOY when it was at $370 (I made out good). Nintendo was way overvalued for a while. But now it’s back in the buy range and revenue should start growing once their heavy hitters start coming out. The big hitters they have yet to release or announce Pokémon (looks to be the best one yet), 3d Mario, animal crossing, 2D Mario, mainline Zelda, Zelda movie, smash, Mariokart DLC, Mario maker, Mario party, and much more. Nintendo has so many easy wins left to use in the switch 2 cycle and they are taking advantage of movies, amusement parks, and fan collectors/nostalgia more than ever. Also they just had their best new console release ever but, this stock is priced like they are regressing. They have a ton of money stocked up, reuse assets for high profit margins in their games, households buy multiple consoles, and don’t underestimate the power of fromsoftware making a switch 2 exclusive game (brings in a new demographic that spends well on games). I’m not an expert but, I’m confident Nintendo is set up well moving forward. This won’t make you rich but, the risk/reward is hard to pass up on.