|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||33.12 - 33.67|
|52 Week Range||31.38 - 57.96|
|Beta (3Y Monthly)||1.77|
|PE Ratio (TTM)||23.33|
|Forward Dividend & Yield||0.37 (1.11%)|
|1y Target Est||73.46|
Electronic Arts is getting a lot of attention for its new game ‘Apex Legends.’ Yahoo Finance’s Alexis Christoforous and Brian Sozzi discuss what it could mean for EA and the other game companies.
Kazunori Ito of Ibbotson Associates Japan says he expects Nintendo to achieve continued growth in software and hardware sales.
The company's latest and greatest graphics chips failed to find a market over the holidays. Management hopes that the next quarter will form the bottom of this downturn.
The 1993 title debuted on the Game Boy and changed what we thought Nintendo's humble handheld console was capable of. Indeed, the game was nearly as deep and vast as A Link to the Past on the Super NES. It's a game that Zelda fans regard as one of the best in the series, and yet it hasn't been shown nearly as much love from Nintendo.
Among the most promising new games are Super Mario Maker 2, which will go on sale in June, and Zelda: Link’s Awakening slated for some time this year. The company made the announcement in a regularly scheduled Nintendo Direct webcast. Nintendo last month cut its forecast for Switch shipments to 17 million units, from 20 million units for the fiscal year through March.
The award-winning game Hellblade: Senua's Sacrifice is bound to mess with morepeople's heads now that it's confirmed for the Nintendo Switch
It could be a tagline for just about any of the run-and-gun shoot 'em up battle royale games that are so popular right now, à la Fortnite or Apex. Nintendo only touched on it for about 40 seconds (so details are a bit light), but the company says it's releasing later today a free-to-play, 99-player version of Tetris called Tetris 99. It'll be a free download for Nintendo Switch Online members.
Nintendo has ruined my life, and all our lives, by announcing Super Mario Maker 2, the sequel to the level-constructing game on Wii U that produced thousands of devious levels for those who think the "real" games aren't hard enough. Gamers have been asking for this basically since the Switch was first rumored. No doubt this will be a huge draw for Nintendo's Switch Online service, which will likely not only allow you to share your levels and try those of others, but — if Nintendo listened to its player base — compete with ghosts and other multiplayer features.
Over the last several years, few investment sectors have generated as much buzz and excitement as video game stocks. As gaming culture evolved from a niche subgroup to a global, mainstream phenomenon, both game makers and console manufacturers have enjoyed spectacular growth.At the same time, mass anticipation is a double-edged sword. When video game publishers establish dominance with their flagship titles, Wall Street expects sustained success. When that doesn't happen, the volatility among gaming stocks is often brutal.Unfortunately, investors got a taste of that whiplash when several high-profile game developers disappointed with their latest releases.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMoreover, 2018 represented bad timing and misfortune for even the best stocks in the gaming arena. The broader selloff that occurred in the final quarter of last year took down most publicly traded companies. Further, the ongoing U.S.-China trade war did video game stocks no favors. After all, the Asia-Pacific region holds the largest market for the industry.But it wasn't just "big picture" trends that negatively impacted gaming stocks. Competitive threats, such as Epic Games' free-to-play (FTP) title Fortnite, have forced mainstay contenders to reexamine their business model. Fortnite makes its revenues off of in-game purchases, which is a relatively new phenomenon.Despite obvious challenges, video game stocks also offer contrarian optimism. These companies tend to feature boom-bust cycles. A cursory look at their technical charts indicates that we're in the bust phase of that cycle. If you follow through with the logic, now may be the ideal time to load up. * Buy These 5 Stocks to Play the Megatrend of the Century Plus, gaming stocks tap into a proven and viable growth market. Engagement across demographic categories is only increasing. Eventually, the top names will find their way out of their malaise.So with that in mind, let's discuss the seven best stocks for any video game portfolio!Source: Dalvenjah via Flickr Sony (SNE)I'm about to upset fans of rival gaming consoles. However, the numbers don't lie. When it comes to video game stocks, Sony (NYSE:SNE) stands above the rest. Last month in a press conference before the Consumer Electronics Show, SNE announced that lifetime sales of its PlayStation 4 console hit nearly 92 million units.To put this haul into perspective, the predecessor PS3 -- a successful release in its own right -- sold 84 million units. Of course, the difference is that the current-generation PS4 still has some shelf life left. What this outrageous popularity tells us is that the PS5, when it finally comes out, will once again dominate.That's a bold statement, considering that I just stated that gaming stocks suffer frequent volatility. But SNE leverages an enviable content umbrella. With that advantage, I expect them to gain significant mileage through PlayStation-exclusive titles.Source: Shutterstock Microsoft (MSFT)Coming in second place is typically a disappointing result, especially if you're an alpha dog like Microsoft (NASDAQ:MSFT). That said, the software and cloud-computing giant's Xbox One console is no slouch, having shipped more than 40 million units worldwide.Initially, it appears that MSFT is choking on Sony's tailpipe. Much of that is due to the latter's content advantage. However, nothing much separates the two consoles from a technical perspective. Also, the predecessor Xbox 360 sold 86 million units worldwide, eclipsing the PS3. Some extra life remains before the successor rolls around, so the current tally will likely increase.In addition, MSFT levers its own exclusive titles, such as the ultra-popular Halo series. That and Microsoft's unbeatable reach in computer software and relevant hardware makes Microsoft one of the best gaming stocks to buy. Nintendo (NTDOY)Back in the 1980's, Nintendo (OTCMKTS:NTDOY) offered a paradigm shift among video game stocks. Prior to Nintendo's iconic console format, consumer video games were clunky affairs. Future versions, such as the Super Nintendo, helped bridge the performance gap between arcade machines and home-entertainment systems.Usually in the tech sector, going retro is not an attribute. For instance, you'll never see me work on an Apple (NASDAQ:AAPL) IIc computer. But with gaming stocks, nostalgia drives big revenues. NTDOY released miniature versions of their classic consoles to rave reviews. At one point, these retro offerings beat PS4 and Xbox One sales, prompting copycat responses.But NTDOY isn't just about profiting from past successes. Instead, Nintendo has found new life with its unique Switch product. With this hybrid home-and-portable console, Nintendo aims to drive sales to multiple members of each household. With a personalized flair and attractive pricing, the Switch might be a gamechanger.Source: Dennis Amith via Flickr (Modified) Sega Sammy (SGAMY)I've always viewed the predecessor to Sega Sammy (OTCMKTS:SGAMY) as the "bad boy" among video game stocks. Covered in an all-black chassis, and emblazoned with futuristic font, the iconic Sega Genesis contrasted sharply with Nintendo's family-friendly consoles. Some of its games, including Mortal Kombat (with the "blood code") lived up to the bad-boy hype.Unfortunately for Sega fans, the Genesis and its successor Saturn couldn't keep up with Sony and Nintendo. Eventually, Sega would give up on the console business altogether, instead focusing on video-game development and publishing. Later, Sega and pachinko-machine manufacturer Sammy merged to form SGAMY.Admittedly, SGAMY is the riskiest name within companies that have gaming-hardware exposure. That said, favorable Japanese legislation towards casinos can potentially breathe new life into Sega Sammy. Plus, SGAMY reserves the option to tap into the nostalgia market with its own throwback console.Source: Shutterstock Electronic Arts (EA)Within the development and publishing sphere, very few names have achieved the far-reaching success of Electronic Arts (NASDAQ:EA). However, no one also knows how to shoot themselves in the foot like EA. After dominating most other video game stocks, EA came crashing down due to their own hubris.Gamers blasted Electronic Arts for botching their Battlefield V launch. What once was supposed to be their hallmark moment turned into a PR nightmare. Adding to the woes, the game itself had multiple bugs. Several critics pointed out that the gameplay was boring, suggesting that EA released the title prematurely.Naturally, EA stock bombed. However, the markets assume that the company won't learn from its mistake, which is itself a mistake. For instance, EA recently released an FTP game called Apex Legends, which has gained significant traction. Plus, with another Star Wars movie coming up, EA can leverage its exclusive license.Source: Via Rockstar Take-Two Interactive Software (TTWO)Perhaps no other name among video game stocks highlights the sector's volatility than Take-Two Interactive Software (NASDAQ:TTWO). Relative to the competition, TTWO produced solid results for its recent earnings report. It exceeded consensus targets for earnings per share, although it missed revenue expectations.What did TTWO in, though, was a poor sales outlook for the upcoming Q4. However, I think the Street is missing the forest for the trees. What the earnings print revealed was that Take-Two is one of the gaming stocks least impacted by Fortnite. A resounding performance from the company's flagship title, Red Dead Redemption 2, ensured that competitive privilege.Additionally, the markets apparently have not figured in Take-Two's in-game purchases, which increased 31% against the year-ago quarter. Since such purchases drove Fortnite's financial success, logically, this metric bodes well for TTWO stock. Ultimately, I agree with our own Ian Bezek: Take-Two is the most convincing among the contrarian cases for video game stocks.Source: Wikipedia Ubisoft Entertainment (UBSFY)Ubisoft Entertainment (OTCMKTS:UBSFY) perfectly demonstrates the need to strike while the iron is hot. Last year, UBSFY was on the verge of returning nearly 60% profits. That would have made it one of the best stocks to buy in the gaming industry. However, the broader market selloff negated almost all those gains.Even this year, UBSFY has proven incredibly volatile. In early February, shares were up over 15%. Now, they're under parity. But like the other names on this list, I think the Street is overreacting to competitive threats. While FTP games have currently altered the landscape, their longer-term impact remains unproven.Moreover, I really like Ubisoft's content portfolio. Among its library of compelling games, UBSFY is most famous for its Assassin's Creed series. Plus, UBSFY is getting serious mileage out of its ultra-popular shooter Rainbow Six Siege. I expect unprecedented demand should the company release a sequel soon.As of this writing, Josh Enomoto was long SNE. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks That Every 20-Year-Old Should Buy * 10 Best Dividend Stocks to Buy for the Next 10 Months * 10 Monster Growth Stocks to Buy for 2019 and Beyond Compare Brokers The post The 7 Best Video Game Stocks to Power Up Your Portfolio! appeared first on InvestorPlace.
Gaming has evolved into the world's favorite form of entertainment, edging out the likes of television, films and digital music, according to Oppenheimer Funds. PCs may not be a dying breed anytime soon. Lenovo Group Limited (OTC: LNVGY), Dell Technologies Inc (NYSE: DELL) HP Inc (NYSE: HPQ) and the likes can take heart from the findings of the survey by UBM, which showed that of the 4,000 developers surveyed, 66 percent said they are developing games for PCs.
Hirotoshi Murakami, an analyst at Mitsubishi UFJ Morgan Stanley Securities Co., lowered his rating to neutral on Friday, ending the overweight call he’d had in place since November 2014. The 12-month share forecast was cut to 26,400 yen, which is 9.8 percent below the closing price, compared with 47,000 yen earlier. While Murakami argued as recently as December that the Switch was poised for more growth, that changed after the company last week cut its outlook for shipments and reported a sharp drop in profit from its 3DS handheld gaming device.
The comment, which refers to the 100m-unit selling Wii console and its acutely disappointing successor, the Wii-U, came during a dire trading session for the Kyoto-based games maker. The wildness of Nintendo’s plunge, say analysts, is no coincidence. Nintendo’s shares and the performance of the almost two-year-old Switch console are the lead examples in a much larger investment debate over the future of console games, how they will be played and where the biggest profits will be generated.
Nintendo is planning to launch a new Dr Mario World game. Investors sticking with Nintendo and Sony after sharp share price drops may have made a category error of their own. Define the companies, via consoles, as hardware groups rather than games businesses, and their prospects look unhealthy.
Nintendo (OTC: NTDOY ) exceeded expectations in third-quarter revenue, earnings per share and Switch sales. But one analyst team still isn’t sold on the gamer life. The Rating Wedbush analysts Nick McKay ...
Nintendo is joining forces with messaging app Line and game developer NHN Entertainment to develop a new Mario game. "Dr. Mario World" will be free to download with in-app purchases, hinting that users may have to purchase add-ons if they want to progress through the game. The game will be available for Android and iOS users in countries including the U.S. and Japan by the early summer, Nintendo said.
Sony (NYSE:SNE) fell 8% in New York after it lowered its revenue forecast to 8.5 trillion yen ($78 billion) from 8.7 trillion yen due to lower demand for its semiconductors from smartphone makers.
Soon, the gaming giant will have two flagship stores in existence: it's scheduled to finally open a flagship store in its home country this coming fall. It's strange how such a storied Japanese corporation is now only opening its own store in its home turf when smaller ones like Line and The Pokémon Company have been running retail centers for years. According to Japan Times, Nintendo Tokyo will occupy a whole floor in Parco department store Shibuya, which is still currently under renovation.
Japanese gaming firm Nintendo issued a downward revision on sales estimates for its Switch console, but analysts are not worried.
Japan's Nikkei ended nearly flat on Friday, as dismal results from firms such as Nomura Holdings and Nintendo trimmed earlier gains from upbeat earnings in other sectors and a stronger Wall Street finish. "The market was split between a small number of strong gainers and losers," said Chihiro Ohta, general manager at SMBC Nikko Securities. Murata Manufacturing soared 8.5 percent and was the third-most traded stock by turnover after the electronic components maker posted a 55 percent rise in its operating profit for the April-December period on strong demand for automotive capacitors.