Why Nintendo Stock Rocked the Market Today

One researcher feels that historical patterns favor buying the video game veteran's shares; its fundamentals are impressive, too. Investors were happy to play with Nintendo (NTDOY 2.96%) shares on the first trading day of the week. The storied Japanese video game company's stock saw a nearly 3% lift in price on the day, following an analyst's initiation of coverage with a resounding buy recommendation. That rise was on a generally down day for the market, as evidenced by the benchmark S&P 500 index's nearly ...