Business Insider recently published a report from Jefferies analyst Atul Goyal. Goyal wrote in his report that Nintendo currently has the cheapest video game stock in the world, but he doesn’t expect that to last long. Here’s what he had to say on the matter:
“Nintendo is the “cheapest game stock in the world,” Jefferies analyst Atul Goyal wrote in a note. The company has a ¥6.43 trillion ($58.7 billion) market cap and is trading at ¥46,370 a share ($424.15).”
“We believe OP could more than triple in 2 years, driven by cyclical (Switch) and structural (digital adoption for console games; mobile game revenues) factors,” he wrote.
“We are as excited for Nintendo’s future as we were for Sony’s future back in 2014 when we found that Mr. Yoshida had taken over as CFO for Sony,” Goyal wrote.
This money we will be spent for better weapons and consoles
I’m still waiting for the Great Fox amiibo
But didn’t they make a Smash Bros. amiibo for Fox?
Unless you mean one that’s not from Smash Bros.
||The Great Fox is what they call their main ship…||
Oh okay, I’ve never played a Star Fox game before so I didn’t know.
Great Fox would be sick!!!
It would be awesome
Except in Brazil, where games from Nintendo are the most expensive
I heard Nintendo pulled out of Brazil due to high running costs.
At least you guys are better than Nigeria… We hardly get anything… I was at the game store yesterday and the dealer didn’t even know what a Switch was.
Because of their goverment. They tax the living shit out of anything that is imported. Ninty/Sony/Ms have to add that cost to the regular price, which is why the consoles and games are so expensive over there.
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