Is Nintendo a Buy?

Filed under: Microsoft (MSFT), Sony Corp ADR (SNE), Technology, Nintendo (NTDOY)

Nintendo Co., Ltd. (ADR) (NTDOY) is an entity I've been cautious on. I've made money on it before, but to be honest, even though it has done very well for some market players in recent months, I find the ADRs difficult to buy. They are currently priced at $42.45. I would really like to see them a lot lower before entertaining a trade.

Problem is, I'm not sure when, or if, they will go lower (not in the short term, anyway). They're currently near a 52-week high, and after a news item I just read, I have to admit I'm feeling more and more bullish on the business.

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Is Nintendo a Buy? originally appeared on BloggingStocks on Mon, 03 May 2010 17:40:00 EST. Please see our terms for use of feeds.

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