Nintendo
Hearing the name Nintendo($NTDOY) gives me a nostalgic feel, thinking about how much I was in love with my game boy growing up. Sales of the switch has been spectacular, with Nintendo transitioning its business from a cyclical console driven business to a less cyclical business with the growth of digital games and a solid ecosystem of long time classics like Mario kart and Super Smash bros.
Q2 result was also stellar with
- Operating profit up over 400% YoY
- Revenue up over 100% YoY
- Over 10% increase in Gross Margins
Nintendo is about 3% of my portfolio currently. I plan to keep adding, pushing that percentage to about 6% or 7%. Keep running Mario🚀
I would give literally all of my money to have an updated Nintendo 64 even it was just Goldeneye, Mario Kart, Mario Party. No new features to the games, exactly the same as the original just with updated graphics