Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Is Nintendo Co. (NTDOY) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.Nintendo Co. is one of 292 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #5 within the Zacks Sector Rank. The Zacks Se ...

Nintendo (NTDOY 2.34%) stock got a lift last week after reporting surprisingly strong results in its most recent quarter -- sales up 8% year over year, and profits per share up 18%. Further helping matters, Nintendo predicted that its operating profits through the end of fiscal 2024 will rise twice that -- 35%, to as much as 510 billion yen. One week later, on Wednesday, Nintendo shares are on the rise yet again -- up 2.4% through 12:12 p.m. ET. The reason this time isn't earnings, though, but a potential s ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Nintendo (NTDOY 3.86%) stock jumped early Tuesday, rising 4% by early afternoon trading, compared to a flat result in the wider market, according to data provided by S&P Global Market Intelligence. The boost added to a solid rally for the video game specialist, which has beaten the market over the past full year and is up 11% in 2024 year to date.The move was sparked by good news on the earnings front.Good gaming newsNintendo announced quarterly results before the market opened that revealed solid demand fo ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: A traveler walks past an advertisement featuring a Nintendo character at Narita airport in Narita near Tokyo on June 10, 2022. Nintendo has reported healthy sales and profits on the back of the hit “Super Mario Bros. Wonder” game, prompting the Japanese video game maker to raise its full fiscal year forecasts. Credit: AP Photo/S ...

In April 2023, a 54-year-old programmer named Gary Bowser was released from prison having served 14 months of a 40-month sentence. Good behaviour reduced his time behind bars, but now his options are limited. For a while he was crashing on a friend’s couch in Toronto. The weekly physical therapy sessions, which he needs to ease chronic pain, were costing hundreds of dollars every week, and he didn’t have a job. And soon, he would need to start sending cheques to Nintendo. Bowser owes the makers of Super Mar ...

In this article7974.T-JPNintendo said domestic sales of Splatoon 3 hit a record in the first three days of the game being on sale. Splatoon 3 proved to be a hit in Japan, helping keep momentum for Nintendo's ageing Switch console.Philip Fong | AFP | Getty ImagesNintendo is likely to release a new Switch console this year, analysts told CNBC, as the Japanese gaming giant looks to capitalize on the interest in its characters ranging from Mario to Zelda.The Nintendo Switch first launched in March 2017 and mark ...

After a couple of years of pandemic-fueled growth, 2023 was a year that many video game manufacturers would like to forget. Layoffs in the industry were a common occurrence as consumer demand leveled off despite the launch of new games. But not every company did poorly, and those companies are likely to be among the best video game stocks for 2024.  Currently, gamers are enjoying an immersive experience like they’ve never imagined. Beyond the graphics, generative AI, virtual reality and augmented reality ar ...

Editor's note: Seeking Alpha is proud to welcome Florian Muller as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » Armando Oliveira/iStock Editorial via Getty Images One might think that, at least in the short term, Nintendo (OTCPK:NTDOF) (OTCPK:NTDOY) is not a top pick purely based on earnings, given its anticipated business contraction according to the med ...

1 3rd Quarter Results for Fiscal Year Ending March 2021 Financial Results Explanatory Material Nintendo Co., Ltd. Feb. 1, 2021 1. Consolidated Financial Results and Outlook 2 Consolidated Financial Highlights | --- | --- | --- | --- | --- | --- | --- | |----------------------------|----------------------|----------|----------------------|----------|--------------------|-------| | Net sales | FY20/Q1-Q3 \n1,022.6 | \nbn yen | FY21/Q1-Q3 \n1,404.4 | \nbn yen | Comparison \n+37.3 | % | | Operating profit | 262 ...