3 Reasons Nintendo Stock Is Still a Buy
Nintendo's (OTC: NTDOY) Switch game system continued to sell well through the holidays, helped by the launch of the more affordable Switch Lite version in September. Even with double-digit growth, and a raised outlook for Switch sales, the stock still dropped about 5% following earnings results at the end of January.
Market participants may not like the latest numbers, but there were plenty of noteworthy items from the earnings release that show the stock is worth considering.
Image source: Nintendo.
Source Fool.com