NT NTDOY Nintendo Co., Ltd. Loading... : Investor Sentiment and Bull/Bear Views

The author states they bought and hold Nintendo (NTDOY) shares, framing themselves as one of the few doing so. No specific catalyst or rationale is provided beyond the disclosed position. The tone suggests a contrarian or underappreciated holding.

Simeon is bearish/avoid on Nintendo because it remains an incredibly cyclical stock dependent on the hardware upgrade cycle, and the promised IP flywheel is not there. Switch 2 launch attach rate was below Switch 1 and was flattered by the bundled Mario Kart; Nintendo Switch Online accounts have been flat for years; the pipeline lacks clearly dated flagship titles until possibly Pokemon in 2027; and Nintendo took its first early mid-cycle console price increase because memory costs are not coming down. He says it is not an absolute alpha short and not a crash call, but it is not a stock you can put away for two years, and you buy it only when it is down into major game releases.

Andrew worries that Nintendo is run like a Japanese legacy company for a dream rather than for shareholder value maximization. He thinks it should have sold itself when it could have commanded a premium, lacks mobile/online breadth, and is not aggressively licensing Mario or Zelda IP to Netflix, Disney+, or other media to recruit the next generation. By maximizing the nostalgic millennial fan base rather than younger kids, Nintendo risks long-term brand erosion, which he sees as troubling for the stock even though he is a fan of the products.