Some analyst (I loves my analysts and their crazy “numbers”) says Nintendo is a market force to be reckoned with, and that its low cost and Wiimote capabilities give it incredible momentum for the next two years, at least.
Nintendo trades at about 32 times forward earnings. While no analysts publish five-year growth expectations, earnings are expected to soar over the next two years, which makes that multiple look much more reasonable. And with Wii sales ramping up faster than expected, Nintendo has a good shot at beating Wall Street’s expectations over the next few years.
All that stock speak has me hot and bothered on a cold, single digit temperature New England morning.