Is Now a Good Time to Buy Nintendo Stock?

·4 min read
Is Now a Good Time to Buy Nintendo Stock?

Nintendo's (OTC: NTDOY) Switch game system has surpassed 85 million units sold to consumers. It's been a massive success for the Japanese gaming brand, but it's getting more difficult for Nintendo to post strong year-over-year growth rates after more than four years since its launch. Nintendo's valuation is starting to look very enticing as the stock is trading at just 13 times trailing-12-month earnings.

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