|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||36.71 - 37.02|
|52 Week Range||31.38 - 58.45|
|Beta (3Y Monthly)||1.67|
|PE Ratio (TTM)||25.45|
|Forward Dividend & Yield||0.37 (1.07%)|
|1y Target Est||73.46|
Japan's Nikkei rose to a near one-month high on Tuesday, supported by buying of electronic component makers and other exporters as a weaker yen boosted sentiment. The trade data dented shares in many markets on Monday, when Japan was closed for a holiday. "Investors are relieved that the dollar-yen seems stable now," said Nobuhiko Kuramochi, a strategist at Mizuho Securities.
Japan's Nikkei rose to a 3-1/2-week high in choppy trade on Tuesday morning, supported by buying of electronic component makers and other exporters as a weaker yen boosted sentiment, offsetting concerns about poor China December trade data. The data dented shares in many markets on Monday, when Japan was closed for a holiday.
[Editor's note: This story was originally published in November 2018. It has since been updated and republished. While the author's opinions may have shifted, the longer-trend for video game stocks remains.] If you're looking for an investment sector that is very likely to rise higher, video game stocks are your ticket. The concept of the video game has evolved from nerdy niche to mass mainstream infiltration. Still, powerful fundamental tailwinds haven't prevented video game stocks from absorbing huge losses. Indeed, anywhere you look, the major (and minor) indices are flashing red. The broader markets finished 2018 down 6.2%, and our own Dana Blankenhorn, in November 2018, stated bluntly "we're already in a bear market." Any contrarian analyst would be hard-pressed debating Blankenhorn on this issue as the volatility persists into 2019. InvestorPlace - Stock Market News, Stock Advice & Trading Tips I'm certainly not going to attempt it, especially if I'm looking at esports and gaming stocks. The video game as an investment vehicle is a platform that has profited many investors handsomely over the years. Unfortunately, the declines in video games and esports stocks over the past year have forced everyone to rethink their assessments. I can't deny the obvious: This is a time when all market participants should strongly consider protective measures. We have many factors that are completely unrelated to video games but could end up roiling video game stocks. However, I'd also caution against overreactions. Recall that the Dow Jones lost double digits between late January and early February of 2018 … * InvestorPlace Roundup: The Hottest Stocks in the Market Today The point is to protect yourself from this violent storm, but also to realize that all storms eventually fade away, producing excellent deals only in hindsight. If you've got the nerve, here are seven video game stocks on serious discount. Source: Dalvenjah via Flickr ### Sony (SNE) When you think about the modern video game, you immediately think about Sony (NYSE:SNE). Admittedly, SNE stock has become a running joke within consumer-electronics circles for the underlying firm's other endeavors. For instance, its smartphone is nowhere near as popular as Apple's (NASDAQ:AAPL) iPhone, and it once ran a computer-monitor business. But don't ever question SNE stock for its part in advancing the video game to the mainstream. Its PlayStation console resonates deeply with consumers, and better yet, it keeps improving. Just a few days ago, Sony announced during the Consumer Electronics Show (CES) that the current-generation PlayStation 4 hit 91.6 million unit sales. More impressively, this tally occurred over roughly a five-year lifespan. Of course, the markets don't typically respond to past achievements. What makes SNE stock so compelling for the video game industry is corporate synergy. Make fun of Sony all you want, you can't deny its vast entertainment portfolio. Management can easily leverage this for exclusive titles, which they do frequently for marquee brands. Source: Shutterstock ### Microsoft (MSFT) Every great organization has an equally great competitor. In the war of supremacy for the video game, we have two top console-makers: Sony and Microsoft (NASDAQ:MSFT). The rivalry between the two tech giants is no joke for many gaming enthusiasts. Microsoft stopped reporting sales figures for its Xbox console, which understandably drew snide snickering, but estimates put it around the 40 million mark. Based on this, Sony is vastly outpacing Microsoft in the console wars. But that hasn't stopped MSFT stock from making significant gains in the markets. Part of the reason is that in terms of graphics and gameplay capabilities, Microsoft has largely gone toe-to-toe with Sony. Additionally, the house that Bill Gates built features its own batch of attractive exclusive titles, including the ultra-popular "Halo" series. Naturally, this has encouraged long-term investors to pile in on MSFT stock. * 10 Companies That Could Post Decelerating Profits And while I'm a Sony guy, I think Microsoft offers better overall stability. Along with its video-game business, it has a virtual lockdown on PC operating systems and various pieces of professional software. Plus, MSFT stock pays a much higher dividend, which isn't something to ignore at this juncture. Source: Shutterstock ### Nintendo (NTDOY) In my opinion, and those of fellow gamers, the architect of today's video game is Nintendo (OTCMKTS:NTDOY). However, other video game stocks have captured investors' attention. Moreover, as a Japanese over-the-counter name, NTDOY stock doesn't always generate positive news. That has proven especially true in 2018. Last year, NTDOY stock returned handsome monetary rewards for shareholders thanks to the Nintendo Switch. This spectacular console is actually a hybrid device. Nintendo designed the Switch primarily for home usage, but you can just as easily take it on the road. However, great news becomes old news quickly, and shares faltered. Still, the scope of the damage seems excessive. Over the past year, NTDOY stock has dropped a staggering 30%. While further losses are not out of the question due to the overall market panic, the bears are overlooking the company's long-reaching brands. For instance, the "Mario Bros." franchise is gaming gold, which Nintendo can leverage for profitable synergies. Source: Shutterstock ### Electronic Arts (EA) For anybody who has picked up a video game in the last decade, chances are, you fed the Electronic Arts (NASDAQ:EA) cash cow. From developing games for the Commodore Amiga -- does anybody remember that? -- to driving the latest innovations in esports, EA stock is a mainstay within the industry. That said, video game stocks have incurred horrific losses, and Electronic Arts was not spared in any way, shape or form. Since July 25, EA stock has hemorrhaged more than 43% of market value. Some of that was due to the poor outlook given in its first-quarter fiscal 2018 earnings report. But later losses stemmed from internal issues, such as the delayed launch for its heavily-anticipated video game Battlefield V. I understand why investors are now hesitant on EA stock. A few months ago, I provided my analysis on the company's extreme volatility. That said, my ultimate take is that Electronic Arts suffers from fixable problems. * Mizuho: 7 Long-Term Value Stocks to Buy Now Moreover, they leverage an enviable sports-licensing franchise. No matter what happens, throngs of gamers always eagerly await the latest iteration in the Madden or FIFA series. On the surface, such fandom seems irrational because the changes are minute. Still, the consumers are shelling out big bucks every year, so who am I to judge? Source: Gamevil Inc. via Flickr ### Activision Blizzard (ATVI) One of the biggest reasons why the video game industry has captured mainstream attention is the proliferation of the online shooter genre. And in this genre, no one does it better than Activision Blizzard (NASDAQ:ATVI). Over the last few years, ATVI stock has skyrocketed based largely on its Call of Duty franchise. Rather than being shunned by the real heroes in uniform, our military forces embrace these games. Earlier last year, Activision announced that it donated more than $100,000 worth of Call of Duty games to the United Service Organizations, or USO. However, like Electronic Arts, ATVI stock incurred heavy losses in the markets. Since the close of Oct. 1, Activision shares have tanked 40%. A major culprit is fierce competition, particularly from Epic Games' Fortnite. In the long-term, though, ATVI stock looks very intriguing. Over a year-and-a-half of market gains was wiped out in less than two months' time. That's a little bit over the top considering that the company levers one of the most popular franchises among video stocks. Source: Shutterstock ### Nvidia (NVDA) Semiconductor firms like Nvidia (NASDAQ:NVDA) started to light up the markets in 2016, and that momentum continued into last year. Unfortunately, we learned a physics lesson with NVDA stock: what goes up must come down. And shares are doing exactly that. What appeared to be a promising start for 2018 turned into a veritable nightmare. Between the January opener and the end of September, NVDA stock gained nearly 44%. Since the beginning of October, however, the company has tumbled over 48%, finishing the year down 31%. As a leader in advanced technologies, Nvidia took the brunt of the sector fallout. The geopolitical wrangling between the U.S. and China isn't helping matters. Plus, the severe plummeting in bitcoin prices is likely to negatively impact its crypto-mining-specific graphics processing units, or GPUs. * 7 Stocks to Buy That Are Run By Billionaires Nevertheless, I really like NVDA stock, especially at these prices. I'm not the only one, as notorious short-sellers Citron Research just recently reversed their bearish take on the company. While you shouldn't rush in simply based on one expert opinion, Nvidia offers exposure to multiple next-gen businesses. I doubt that NVDA will stay deflated for long. Source: Shutterstock ### GameStop (GME) In following with my usual routine of sticking speculative names in the back, I bring to you GameStop (NYSE:GME). GME stock is easily one of the riskiest investments among video game stocks. The company pays out a near-10% dividend, which tells you all you need to know. The other reason that GME stock is down -- aside from all the terrible factors that slammed valuations -- is related to its PR crisis. Many gamers hate GameStop because the retailer rips off customers who are looking to trade in their games and paraphernalia. That's true, but at the same time, you can't have it both ways. The reason why other gamers love GameStop is due to their extensive library of preowned products. In my opinion, it's far superior to online sales and subscription-based services due to its easy return policy: if you don't like a particular video game, just return it. This return policy is a major but underappreciated benefit for GME stock because many gamers are young. They (or their parents) may not have the funds for subscription services. GameStop gives these customers better pricing and superior flexibility. As of this writing, Josh Enomoto was long SNE and bitcoin. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Key Emerging-Market Stocks to Buy for Contrarian Investors * 7 Stocks at Risk of the Global Smartphone Slowdown * 7 Pharmaceutical Stocks That Just Raised Prices This Year Compare Brokers The post 7 Video Game Stocks on Steep Discount appeared first on InvestorPlace.
Apple won’t rule out a big acquisition, but never mind those flashy names like Tesla and Netflix. Japan’s Nintendo offers the perfect match.
Nintendo has given another stellar Wii U title the deluxe Switch treatment in the hopes that more people will play it on a system that's actually popular. Nintendo has also bundled in a deluxe edition of New Super Luigi U, which is basically one giant time attack mode.
In a couple of months, you'll be able to embark on an adventure as Yoshi across a game that was created to look like a miniature diorama crafted from household items. Nintendo has announced that the action platformer Yoshi's Crafted World will be exclusively available for the Nintendo Switch starting on March 29th. Nintendo has also announced the launch of Kirby's Extra Epic Yarn for the Nintendo 3DS on March 8th.
Borrowing a page from Mark Twain, it seems like the rumors of Nintendo‘s (OTCMKTS:NTDOY) demise have been greatly exaggerated. The game maker’s previous video game console was a disappointment. With the Wii U, introduced in 2012 as a follow-up to the iconic Wii (which debuted in 2006), investors had expected the same level of success, leading many of them to wonder if Nintendo had become a has-been.
When it comes to Nintendo characters who you might expect to sing Christmas carols, Toad probably isn't at the top of the list. As adorable as he is in general, the Mushroom Kingdom resident doesn't exactly have a voice best suited to holiday songs. The clip appeared on Nintendo's official Line channel this week, but it's so bad that some people couldn't help but spread the, uh, joy elsewhere.
Apparently, Germany agrees with Norway: Nintendo's no-refund pre-order policy isn't only harsh, it's also illegal under European law. According to Eurogamer, the German Consumer Protection Authority is taking Nintendo to court over a policy that doesn't allow pre-order cancellations, even if the game hasn't been released yet and even if you still haven't downloaded it. In short, all sales, including pre-purchases, are final -- and, yes, Nintendo of America has the same rule.
A new report shines a light on Microsoft’s (NASDAQ:MSFT) game console plans for the next two years, including the code name of its forthcoming high powered console: Xbox Anaconda. The company is determined to reverse the outcome of the current generation of consoles that has seen Sony’s (NYSE:SNE) Playstation 4 outsell the Xbox One by a two-to-one margin. If the company succeeds, there is significant upside for Microsoft stock over the next few years.
In case it wasn't clear already, Nintendo has completely turned things around from the failure that was the Wii U. According to data from the reliable NPD Group, Nintendo sold more 8.7 million Switch consoles in the US from its launch in March 2017 through November of 2018, putting it on a faster pace than the other "current generation" consoles from Microsoft and Sony after the same amount of time following their releases. It's a bit of a convoluted measure, and in pure numbers there are certainly more Xbox One and PS4 consoles (both of which launched in the fall 2013) out in the wild, but there's no doubt that Nintendo is in a better spot than they were before the Switch arrived. Nintendo gave more details on just how good its hardware is selling, noting that in both console unit and dollar sales, 2018 was the best year the company has had since 2011, when the popularity of the original Wii was finally waning.
Just because Nintendo revived the NES Classic doesn't mean you'll have the luxury of buying a retro console whenever you'd like. In a chat with the Hollywood Reporter, the company's Reggie Fils-Aime warned that the NES Classic and SNES Classic will sell in the Americas through the holidays, but will be "gone" once they sell out. You might also want to tamp down your hopes for a Nintendo 64 Classic.
TOKYO—The holiday season is looking merrier for Nintendo Co. after a difficult summer, thanks to a hot-selling new “Super Smash Bros.” game and early signs that its Switch console is doing better. The “Super Smash Bros. Ultimate” game for the Switch sold 1.2 million packages in the first three days after its Dec. 7 introduction in Japan, where the Kyoto-based company earns 21% of its videogame revenue, research firm Gzbrain said this week. In the U.S., Nintendo’s biggest market, Amazon.com Inc. said it was the best-selling item so far this year among all videogame-related products.
'Super Smash Bros. Ultimate' is the biggest 'Smash' yet, and it's absolutely the best entry in the franchise.
Backed by deep-pocketed visionaries like Elon Musk, Mark Zuckerberg and Bryan Johnson, this technology could revolutionize the future of business and mankind, in general, in the near term. Users of neuroscience include a wide range of people with a new focus on enhancing concentration and performance in high-pressure situations. Sports, top-level business, and even online gaming are all segments that have found opportunity through utilizing cognitive training to gain an upper hand.
You know what you're getting with a Smash Bros. game. A ton of iconic characters -- mostly from Nintendo, but also from the likes of Konami, Capcom and Square Enix -- battle to knock each other off elaborately-themed stages. Super Smash Bros. Ultimate for the Switch doesn't really change up this formula, but it refines it in several ways.
Nintendo has become known for developing games on its own dedicated hardware over the last 30 years, but that could eventually change. The company's new president Shuntaro Furukawa stated in a recent interview that the company is open to changing its approach based on shifting technologies, even if that means no longer developing its own consoles.