NTDOY - Nintendo Co., Ltd.

Other OTC - Other OTC Delayed Price. Currency in USD
35.80
+0.88 (+2.52%)
As of 11:46AM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close34.92
Open35.75
Bid0.00 x 0
Ask0.00 x 0
Day's Range35.75 - 35.97
52 Week Range31.38 - 57.78
Volume137,482
Avg. Volume467,790
Market Cap34.341B
Beta (3Y Monthly)1.69
PE Ratio (TTM)24.82
EPS (TTM)1.44
Earnings DateN/A
Forward Dividend & Yield0.37 (1.07%)
Ex-Dividend Date2018-09-27
1y Target Est73.46
Trade prices are not sourced from all markets
  • Hedge Funds Turn to Unknown Guru for Data on Nintendo
    Bloomberg8 days ago

    Hedge Funds Turn to Unknown Guru for Data on Nintendo

    Mar.10 -- Hedge funds will look almost anywhere for an edge. When it comes to trading shares of Nintendo Co., they’re turning to a tiny research shop in a corner of Tokyo better known for used booksellers and guitar stores. Yuji Nakamura reports on "Bloomberg Daybreak: Asia."

  • Huawei sues US government, Nintendo does VR again
    CNET10 days ago

    Huawei sues US government, Nintendo does VR again

    In today's top stories, Huawei says a ban on the sale of some of its products is unconstitutional and aims to prove it in court. Meanwhile, Nintendo has a new kit to take the Switch to another dimension.

  • Nintendo Is Switching Things Up To A Labo VR World
    Gamespot Videos11 days ago

    Nintendo Is Switching Things Up To A Labo VR World

    Nintendo is turning your Switch into a VR headset with the latest Nintendo Labo kit.

  • To Move Higher, Nintendo Stock Needs Only a Switch… in Direction
    InvestorPlace4 days ago

    To Move Higher, Nintendo Stock Needs Only a Switch… in Direction

    Nintendo (OTCMKTS:NTDOY) stock continues to fall. The sales growth of its Switch console and many of its games would seem to help the company. Still, Nintendo stock has failed to gain traction and now appears positioned to fall back to 52-week lows. NTDOY stock trades at an attractive valuation and follows a strategy that can bolster its long-term success. However, due to lagging sales in the overall sector, Nintendo stock remains a victim of its industry. * 15 Stocks Sitting on Huge Piles of Cash Nintendo Will Bring Virtual Reality to SwitchSource: Shutterstock Nintendo just announced the creation of a virtual reality (VR) headset for its popular Switch console. The company will release this headset on April 12. This cardboard headset will cost $80, and it comes with an alien shooter game. This is the company's first crack at VR since it released the Virtual Boy in 1995. This comes in much less than the $300 VR headset Sony (NYSE:SNE) released for its PlayStation gaming console. The interesting thing about the VR headset is it reaffirms Nintendo's commitment to consoles. While it produces smartphone-based games, Nintendo designs them to spark interest in console games. The company has even gone so far as to discourage partners from charging customers excessive fees to speed up gameplay or win special characters on its smartphone games. Console Strategy Makes SenseAdmittedly, the company's strategy seems like a negative for Nintendo stock at first glance. Players will sometimes spend hundreds or even thousands of dollars on such upgrades. Discouraging some of these fees appears to sabotage a lucrative revenue stream.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAlso, as viewing has diversified away from televisions, video game console sales have steadily declined since the early 2000s. Recreational game players tend to gravitate toward devices. On the other end, competitive players prefer PC-based gaming for its speed. Hence, a commitment to consoles seems counterintuitive.However, Nintendo's console connects to tablet consoles just as easily as to a television. This makes it both portable and conducive to multi-user play. Also, tablet compatibility increases the likelihood consumers will buy more than one Switch per household. This can compensate for the revenue lost from charging fewer fees on smartphone-based games. Strategy Will Help Nintendo StockI think Nintendo has made a wise decision by questioning the fee for play strategies that drive many gaming companies. If the airline industry serves as an indicator, excessive fees charged by airlines other than Southwest (NYSE:LUV) have stoked resentment. Avoiding the "fee for everything" approach has not hurt Southwest stock. I do not think it will hamper Nintendo stock either.Sales figures also appear to validate this strategy. In January, videogame sales fell 19% on a year-over-year basis. The Nintendo Switch was the only platform to see growth amid the decline.Also, Nintendo currently sells three of the ten best-selling games. Only Take-Two (NASDAQ:TTWO) currently matches this feat. Drawing on long-time franchises has helped. InvestorPlace contributor Bret Kenwell considers Nintendo the Disney (NYSE:DIS) of the video game industry, as it has kept franchises such as Mario Bros. popular for decades. When Is the Right Time to Buy Nintendo Stock?So, where does that leave Nintendo stock? The 23 price-to-earnings (PE) ratio comes in well below historical averages. Yes, both Activision Blizzard (NASDAQ:ATVI) and Electronic Arts (NASDAQ:EA) support slightly lower multiples. Still, I like the innovation I see from Nintendo, so I do not think this valuation should discourage buyers.The only reason I see not to buy NTDOY stock right now pertains to the direction of the Nintendo stock price. The equity has traded in a range over the last few months. It fell to a 52-week low of $31.38 per share on Christmas Eve. It then rose above $39 per share in January before falling back. Today, it trades at just above $33 per share. * 10 National Pi Day Deals to Grab on 3.14 As sales declines have hit the entire industry, NTDOY has fallen along with other gaming stocks. Until we know the Nintendo stock has established a firm bottom, I do not recommend buying. However, the new VR headset should help revenues and conditions for an eventual recovery remain in place. Once it begins to trend upward, I think Nintendo can reach and surpass its $57.96 per share high.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 of the Best Stocks to Buy Under $10 * 7 Retail Stocks Winning in 2019 and Beyond * The 10 Best Stocks to Buy for the Bull Market's Anniversary Compare Brokers The post To Move Higher, Nintendo Stock Needs Only a Switcha€¦ in Direction appeared first on InvestorPlace.

  • Should You Buy Microsoft Stock in March?
    InvestorPlace6 days ago

    Should You Buy Microsoft Stock in March?

    With a market value of just over $874 billion, Microsoft (NASDAQ:MSFT) is the largest U.S. company by market capitalization. Over the past year, Microsoft stock is up 15%, or nearly quadruple the gains of the Nasdaq-100 Index, of which Microsoft is a marquee member.Source: Shutterstock A 15% gain in 12 months for a company the size of MSFT does not go unnoticed and that performance can give investors pause about getting involved with Microsoft stock over the near-term.While those concerns and concerns pertaining to valuation are legitimate, MSFT stock can credibly command higher multiples relative to similarly mature technology companies because it has the growth catalysts to back up those multiples.InvestorPlace - Stock Market News, Stock Advice & Trading Tips"We see wide-moat Microsoft as an attractive investment opportunity throughout 2019, as there are very few companies the size of Microsoft that can offer 12% revenue growth and 15% earnings growth in each of the next several years," said Morningstar in a recent note. "With shares hovering around $111, we see more than 15% upside to our $130 fair value estimate." Microsoft Stock: 'To the Cloud'A while back, Microsoft had a quirky advertising campaign where the catchphrase was "To The Cloud." Some critics panned the commercials for being light on relevant cloud computing content and points, but Microsoft was onto something. Today, the company is a leader in cloud computing and Microsoft stock is benefiting.Cloud revenue for Microsoft's recently reported fiscal second quarter grew to $9 billion, equaling a run rate of $36 billion, up from $34 billion in the company's fiscal first quarter. * 10 Dividend Stock Winners "We estimate Azure is approximately a $7 billion business and it still grew by a staggering 76% year over year in the December quarter," said Morningstar. "The battle for cloud supremacy has become a two-horse race between Azure and AWS (Amazon Web Services), and Azure is well-positioned given its installed base at enterprise customers with Server, Database, Dynamics, and Office. Enterprise clients are increasingly adopting a hybrid cloud environment, which plays into Microsoft's strong position, as the company can offer customers their existing environment in either public cloud or on premise flavors."By some estimates, Azure sales could reach $26.4 billion through fiscal 2021 and some market observers believe the cloud could replace Windows as Microsoft's primary area of emphasis. That justifies the premium MSFT stock commands over rivals, such as Apple (NASDAQ:AAPL), International Business Machines (NYSE:IBM) and Oracle (NYSE:ORCL)."At 25.5x forward earnings, they trade at a significant premium to its rivals Oracle (14.4x), IBM (10.1x) and Apple (15.2x)," reports Forbes. "This premium is largely justified. Microsoft has stronger prospects and a more secure stream of future revenues." Gaming, TooWhile MSFT's biggest revenue drivers are mainly business-to-business products, but with Xbox, the company is a major player in the booming video game arena. While Xbox and related fare are unlikely to usurp Azure and Windows as Microsoft revenue drivers, video game exposure is a nice compliment to Microsoft stock's growth prospects."The gaming side of this company, the ability to move it all on to subscription service and become a ubiquitous platform globally in gaming is a potential that not many people talk about yet the company continues to move in that direction," said "Shark Tank" star Kevin O'Leary in a mid-2018 CNBC interview. "I think that's why this stock will actually expand its P/E in the next year. It will start to trade as something different than a dino tech that it used to be."In what could be a modest catalyst for Microsoft stock, the company is expected to reveal plans for cross-platform partnerships, including making games available on Nintendo's (OTCMKTS:NTDOY) Switch and making Xbox Game Pass available to users of Sony's (NYSE:SNE) PlayStation 4. * 7 Dark Horse Stocks That Deserve Your Attention in 2019 Last year, Microsoft completed multiple acquisitions to bolster its video game studio. By revenue, Microsoft is estimated to be the fourth-largest video game company. DividendsMSFT stock is a dividend stock and with the company's low yield (1.65%) and massive cash position, there is room for the stock to be a dividend growth stock. At the end of last year, the company had $127.66 billion in cash and short-term investments on hand.Microsoft already is a dividend growth story. Microsoft stock currently has a quarterly dividend of 46 cents a share. That is up from 42 cents a share for the three first quarters of last year and nearly triple the 16 cents a share per quarter the company paid in 2011.As of this writing, Todd Shriber did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Growth Stocks to Buy Under 15x Earnings * 7 Dark Horse Stocks That Deserve Your Attention in 2019 * 5 Disruptive Technologies That Are Moving Too Fast Compare Brokers The post Should You Buy Microsoft Stock in March? appeared first on InvestorPlace.

  • Hedge Funds Used This Data Guru to Make Millions on Nintendo
    Bloomberg7 days ago

    Hedge Funds Used This Data Guru to Make Millions on Nintendo

    When it comes to trading shares of Nintendo Co., they’re turning to a tiny research shop in a corner of Tokyo better known for used booksellers and guitar stores. Media Create Co. is the brainchild of Atsushi Hosokawa, a 63-year-old who got his start cold-calling video-game stores for information. Last year, the company showed shipments of Nintendo’s portable Switch console weren’t growing as quickly as expected, helping make millions for clients who shorted the stock before the game maker cut its shipment target in January.

  • EA Stock Will Flourish Surge with Its Apex Legends Game
    InvestorPlace10 days ago

    EA Stock Will Flourish Surge with Its Apex Legends Game

    It's been a super volatile run, not just for Electronic Arts (NASDAQ:EA), but all of the video game stocks. Just a day after getting hammered on disappointing earnings, Electronic Arts stock began to climb aggressively on positive chatter surrounding its new game, Apex Legends. That chatter has only gotten better, with the game now eclipsing 50 million users in just 30 days.Source: Electronic ArtsIt's helping EA outperform its peers like Take-Two Interactive Software (NASDAQ:TTWO) and Activision Blizzard (NASDAQ:ATVI). The latter of those two, Activision, has just about everything going wrong for it. Conversely, TTWO has some solid momentum from its top game Red Dead Redemption 2, while EA has the most momentum at the moment. The question is, can that momentum continue? * 5 Airline Stocks In Serious Trouble How Far Can Apex Legends Go?Recently video game stocks hit a "perfect storm" of negative catalysts. First, they came into the fourth quarter red-hot, with many trading at or new all-time highs. Around the same time, Chinese regulators began censoring which video games the public could play and given the size of that market, it put a damper on video game stocks. Further, Nintendo (OTCMKTS:NTDOY) was riding strong Switch momentum.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFinally, and perhaps most problematic, Epic Games (40% owned by Tencent (OTCMKTS:TCEHY)) was disrupting the world with its Fortnite game, which hit 200 million users across all of its platforms before the end of 2018.That's exactly the response that Electronic Arts is looking for with Apex Legends. Or even more. With the game's 50 million users in 30 days, EA is outpacing the initial growth from Fortnite. If that growth can continue and if EA can eclipse the 100 million mark before the second half of 2019, investors will bid up Electronic Arts stock even more.While games like Apex Legends and Fortnite don't generate revenue on the initial sale of the game, they do generate revenue with low-priced in-game purchases. Many gamers loathe micro-transactions, but they are much more willing to shell out $2 here and $5 there if they didn't have to pay for the game to begin with.Getting 100+ million users on board and then living off micro-transactions isn't the worst business plan in the world. In fact, it's simply a digital version of the old razor/razor blade model. If Electronic Arts can gain traction with Apex Legends, EA stocks can gain traction too. The Bottom Line on EA StockNot everyone is aboard the Apex Legends train. There are a lot "ifs" still out there and concerns over its longevity. Cowen analysts point out that gamer interest is waning, with streaming on Twitch (owned by Amazon (NASDAQ:AMZN) now) falling from ~271.2K viewers to just 132.3K viewers. Conversely, Fortnite has increased from 114.6K to 149.9K.That said, Baird analysts say that with Apex Legends' 50 million active users and average revenue per user of $20, that it could join Fortnite as the only two free-to-play games to hit $1 billion in sales in their first 12 months.That's pretty solid and if the developers can keep interest levels high among gamers, it can garner even more momentum. Trading EA Stock Click to EnlargeA look at the chart above shows just how volatile of a ride it has been for EA stock. After falling from ~$93 to sub-$80 after earnings, EA eclipsed $100 just three days later, a rally of more than 25%! The stock has worked its way lower in recent weeks, as Electronic Arts digests the big move higher.Negative headlines about Apex Legends and other industry developments will likely weigh on EA. Conversely, positive headlines will aid the stock price. I don't like trading headlines, such as with Fed announcements or the trade situation between China and the U.S.,but that's the situation we have right now with EA.Should Electronic Arts stock fall below $92.50, I really want to see $90 hold. Both the 50-day and 100-day moving averages are near this mark and maintaining above this area would be encouraging. North of $90 and $93 also keeps EA above key Fibonacci retracement levels from the post-earnings range as well.Over short-term downtrend resistance (purple line) and the bulls can gather some momentum. Below $90 and some red flags will start to pop up on the charts.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks Already Rewarding Shareholders In 2019 * The 10 Best-Performing ETFs This Year * 7 Stocks That Should Be Worried About a Data Dividend Compare Brokers The post EA Stock Will Flourish Surge with Its Apex Legends Game appeared first on InvestorPlace.

  • Share your opinions about the Nintendo Switch!
    Engadget10 days ago

    Share your opinions about the Nintendo Switch!

    When we first reviewed the Nintendo Switch back in 2017, reviewer DevindraHardawar declared it was "unlike any system we've seen before

  • CNBC11 days ago

    Nintendo just unveiled an $80 cardboard VR headset for the Switch console

    The device is for use with the Switch console and is Nintendo's first foray into VR since it release the Virtual Boy in 1995.

  • Nintendo Switch revisited: Two years makes a big difference
    Engadget11 days ago

    Nintendo Switch revisited: Two years makes a big difference

    The Nintendo Switch is no Wii U -- we knew that much when we reviewed it on March 1st, 2017. Its portable design lets you play your games anywhere, and it seamlessly turns into a home console when you dock it, something that still feels magical today. Best of all, you can hand off one of its controllers to a friend for some quick head-to-head action. While Sony and Microsoft chased the specter of high-end 4K gaming, Nintendo, once again, took a different path -- one that ultimately led to its most innovative console yet. It's still not perfect, but Nintendo managed to fix most of the complaints, like a lack of titles and no real online service, from our initial review. And it also showed us a few surprises along the way.

  • Mattel Appoints Head of Public Relations, Strengthens Board
    Zacks11 days ago

    Mattel Appoints Head of Public Relations, Strengthens Board

    With the aim of reviving sales and building solid business that is capable of driving future capacities, Mattel (MAT) makes efforts to enhance its board.

  • Bloomberg12 days ago

    Nintendo Unveils Virtual Reality Cardboard Headset for Switch

    The Nintendo Labo VR Kit lets gamers build a headset mostly out of cardboard so that they can slide in the device to create what the company calls “basic VR technology.” It’s reminiscent of Google’s Cardboard, which turns smartphones into VR goggles and was introduced almost five years ago. Priced at $80, Nintendo’s VR kit includes an alien shooting title and an ocean swimming simulation. “We wanted to design an experience that encourages both virtual and real-world interactions among players,” Doug Bowser, Nintendo of America’s chief, said in a statement Thursday.

  • Nintendo's next Labo kit brings VR to Switch on April 12th
    Engadget12 days ago

    Nintendo's next Labo kit brings VR to Switch on April 12th

    The line of cardboard DIY kits Nintendo offers for its Switch console keepexpanding, and the latest one is Labo VR

  • The Wall Street Journal12 days ago

    [$$] Nintendo to Smartphone Gamers: Don’t Spend Too Much on Us

    TOKYO—Smartphone game makers working with Nintendo Co. are finding the home of Mario the plumber is putting up obstacles to scoring high revenue. Since 2015, Nintendo has had revenue-sharing agreements for smartphone games that it creates with partners like DeNA Co. The games are free to download but players can pay for enhancements to speed up game play or enter in-game lotteries to win special characters. Fearing such behavior will damage Nintendo’s brand image, the company has asked its partners to adjust the games so that users won’t spend too much, according to people familiar with Nintendo’s strategy.

  • ‘Kid Icarus’ and ‘StarTropics’ come to the Nintendo Switch next week
    Engadget12 days ago

    ‘Kid Icarus’ and ‘StarTropics’ come to the Nintendo Switch next week

    Nintendo is adding a pair of vintage NES games to its Switch Online library next Wednesday. Starting on March 13th, you'll be able to play Kid Icarus andStarTropics on the online service. Kid Icarus, which was released in North America in 1987, has assembled a sizeable cult following over the years and fans have called for a sequel.

  • How to Trade Activision Stock If It Hits New Lows
    InvestorPlace12 days ago

    How to Trade Activision Stock If It Hits New Lows

    It's been a rough run for video game stocks, even as the stock market has been bouncing back. Of the "big three," Activision Blizzard (NASDAQ:ATVI) has easily been the worst performer when compared to Take-Two Interactive (NASDAQ:TTWO) and Electronic Arts (NASDAQ:EA). ATVI stock is down more than 43% over the past year, compared to just 22% and 21% for TTWO and EA, respectively.But it's not just competition between the three that are causing issues, there's also Epic Games -- 40% owned by Tencent (OTCMKTS:TCEHY) -- which owns Fortnite. And don't even get me started on the continued momentum of the Nintendo (OTCMKTS:NTDOY) Switch.That said, Activision has some company-specific issues that have caused it to flounder more than its peers. So what can be done and where should investors turn? More importantly, what's at stake for Activision stock? First, let's discuss the elephant in the room: battle royale games.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Activision vs. FortniteFortnite was initially released as a paid early-access title in its PvE (player versus environment) format, now dubbed "Save the World." But it wasn't until PlayerUnknown's Battlegrounds kick-started battle royale into the public consciousness that Fortnite's own battle royale was born. As a free-to-play title, Fortnite racked up tens of millions of users in a relatively short span. Eventually, it found its way onto mobile as well. While not the first of its kind, Fortnite's success marked a turning point in the gaming industry. * 7 Cheap Stocks Under $5 That Could Soar This allowed the company to hit 125 million users last June and top 200 million registered users before the end of the year. That's a lot of players for one game. If you're wondering how the company makes money, it thrives off of in-game purchases. For a while, game-makers were able to sidestep the battle royale trend. But eventually, it caught up with them, Activision included.However, Activision has had some missteps since. Not only did its competitor Take-Two unveil Red Dead Redemption 2 late last year, but its own Call of Duty game was met with less enthusiasm than in year's past, despite including its own battle royale mode. To make matters worse, Electronic Arts just released a dedicated battle royale game, Apex Legends. The game should not be taken lightly, with it already hitting 50 million users in just 30 days.In January Activision announced it will no longer have the rights to its Destiny franchise as well. While some analysts were optimistic about the savings for long-term operating costs, the move dealt a blow to revenue. Trading ATVI Stock Click to Enlarge If management is able to quickly right the ship, then ATVI stock may be okay. Remember, shares are down more than 50% from the highs less than six months ago. But it's hard to say a bottom is in. Above is a six-month daily chart of ATVI stock, while below is a five-year weekly look.On the daily chart, shares are trying to put in some higher lows after that February 11th drop to $40. However, it remains under downtrend resistance (blue line) as well as the 21-day moving average. The 50-day isn't doing it any favors either. Until ATVI stock is above these marks, it's hard to get too bullish or even feel that the stock is done going down. Click to Enlarge On the weekly chart, it's more of the same. While we have Activision stock consolidating in the low $40s, it's also clear the stock has been locked in a deep downtrend.Once $45 failed to hold, it brought the $38 level into question. I want that level to hold, but it's unclear if it's strong enough to support a break of $40.Should ATVI stock lose $40, $35 could be the eventual bottoming spot, a level that was big-time support in 2016 twice before Activision went on a prolonged rally. * 3 Small- to Mid-Cap Video Game Stocks to Buy I don't have confidence in a long setup for ATVI stock at the moment. If anything, going short on a break below $40 gives bears a solid risk/reward, but we'll have to see how it sets up going forward. It still needs more time for bulls to see a quality setup in my view.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Blue-Chip Stocks That Will Lose You Money * 7 Cheap Stocks Under $5 That Could Soar * 7 Stocks Under $10 You Shouldn't Buy Compare Brokers The post How to Trade Activision Stock If It Hits New Lows appeared first on InvestorPlace.

  • The best games for Nintendo Switch
    Engadget12 days ago

    The best games for Nintendo Switch

    Nintendo's Switch is on a roll. Now into its second year, the youngest of the games consoles is punching above its weight with a mix of core Nintendo games that have pushed iconic characters like Mario and Link into the modern gaming age. The Switch is also a portable console, which has injected new life into older titles and indie hits that have never made it a Nintendo device before. The Switch's online store isn't the easiest to navigate, however, so this guide aims to help the uninitiated start their journey on the right foot. These are the games you should own -- for now. We'll be updating these guides regularly.

  • Is Nintendo Stock Setting Up for a Possible Breakdown Ahead of New CEO?
    InvestorPlace18 days ago

    Is Nintendo Stock Setting Up for a Possible Breakdown Ahead of New CEO?

    Unlike the rest of the market, Nintendo (OTCMKTS:NTDOY) has had trouble garnering upside moment. While the S&P 500 is up almost 20% from its lows two months ago, Nintendo stock is up just over 5%. Not bad, but certainly lacking what a number of other stocks have done.That said, NTDOY stock has vastly outperformed the video game sector, with names like Activision Blizzard (NASDAQ:ATVI), Electronic Arts (NASDAQ:EA) and Take-Two Interactive Software (NASDAQ:TTWO) all under intense pressure. Unfortunately though, NTDOY just isn't setting up in a bullish manner, despite the long-term positives it has working in its favor.InvestorPlace - Stock Market News, Stock Advice & Trading TipsLet's explore the stock price before diving into other aspects of the company. Trading Nintendo Stock Click to EnlargeDowntrend resistance (blue line) is pretty evident on the weekly chart. This action is slowly but surely squeezing Nintendo stock lower. If this series of lower highs were accompanied by higher lows, one could make a case for a possible breakout. However, with just a shallow uptrend line and NTDOY being buoyed by this $32.50 level, the concern for a breakdown is growing. At least for me. * 7 IPOs to Get Excited for in 2019 Making matters more grim are the moving averages. Like the $32.50 level, the 200-week moving average is acting as support and just like downtrend resistance, the 21-week moving average is squeezing Nintendo stock lower.As the old saying goes, "the more times a level is tested, the more likely it is to break." That doesn't mean it's a guarantee, but to see NTDOY stock continually knocked lower and run into support makes me leery that support will give way.If it does, I wouldn't be surprised to see Nintendo stock test the $25 level. That would require a fall of more than 25%, so perhaps that view is be a bit extreme. We just can't rule it out if support gives way. Of course, this rhetoric changes on a move over ~$37 and close over downtrend resistance. In that case, NTDOY stock can start to repair some of the stock's technical damage. Over this mark and a run to the 50-week moving average is possible. Above that and a run to $50+ is in the cards. Bottom Line on NTDOY StockTechnicals aside, how does Nintendo stock look?One thing to consider is that Nintendo recently had a management change, with Doug Bowser (pictured above) set to take over as CEO on April 15. Aside from his all-too-fitting name -- shared with Super Mario's arch-nemesis -- Bowser currently serves as the company's senior vice president of sales and marketing and was a key executive for Nintendo's Switch unit.Switch continues to drive growth and investors are hoping that remains the case going forward. So,too, does Nvidia (NASDAQ:NVDA), a key chip supplier for the portable gaming system. In any regard, with more titles and a larger adoption rate of Switch, 2019 could certainly be a healthy year for Nintendo stock. * 10 Blue-Chip Stocks to Lead the Market New titles will help drive game and unit sales, but Nintendo's library of classic titles also serves as a gift that keeps on giving. At least in my eyes, it reminds me of Disney (NYSE:DIS), which continues to extract value out of its long-running classic title remakes.While the company has revenue potential, it has even more balance sheet power. As of the most recent quarter, NTDOY stock was supported by a balance sheet with about $6.5 billion in cash and cash equivalents. The company has a further $2.36 billion in short-term investments. With no debt, this puts Nintendo stock in an incredibly strong position thanks to its balance sheet.Total current assets of $14.8 billion easily outweigh the $3.6 billion in total current liabilities, while total assets vs. total liabilities is even more stark, at $18.2 billion vs. $3.9 billion. Despite this strength though, shares are teetering on a breakdown. If they can hold up, bulls should consider adding to their position.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long NVDA. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Consumer Stocks to Buy and Hold for Years * 4 China Stocks Soaring on Trade Hopes * 3 Esports Stocks to Benefit From the Boom Compare Brokers The post Is Nintendo Stock Setting Up for a Possible Breakdown Ahead of New CEO? appeared first on InvestorPlace.

  • Pokémon Sword and Shield to land on Nintendo Switch this year
    TechCrunch19 days ago

    Pokémon Sword and Shield to land on Nintendo Switch this year

    Nintendo and The Pokémon Company have unveiled the next Pokémon game in the main series. Nintendo announced the new game in a Pokémon Direct live stream. The design of the world and the characters looks just like Pokémon Let’s Go on the Nintendo Switch, but with more details.

  • Nintendo to release two Pokemon titles for Switch console in late 2019
    Reuters19 days ago

    Nintendo to release two Pokemon titles for Switch console in late 2019

    Japan's Nintendo Co Ltd said on Wednesday that it will release two Pokemon role-playing titles for its Switch console, "Pokemon Sword" and "Pokemon Shield", worldwide in late 2019. Nintendo shares lost 29 percent of their value last year as investors questioned Switch's ability to appeal beyond hardcore gamers and in January Nintendo slashed its full-year Switch hardware sales forecast. Many analysts see Nintendo's shares as undervalued and the company last week announced a share buyback for the first time since 2014.

  • Indie favorite 'To the Moon' is coming to Nintendo Switch this summer
    Engadget20 days ago

    Indie favorite 'To the Moon' is coming to Nintendo Switch this summer

    Indie RPG favorite To the Moon is set to make the journey to the Nintendo Switch this summer. Developer XD Network and publisher Freebird Games announced the title would make its console debut later this year. An exact date has yet to be announced, but the title will be recreated to fit on Nintendo's unique platform.

  • What Investors Are Getting Wrong About This $135 Billion Industry
    Motley Fool20 days ago

    What Investors Are Getting Wrong About This $135 Billion Industry

    What's really going on with "Fortnite" and the failure of recent high-profile video games?