Nintendo is the cheapest Video Game Stock in the World!

Nintendo is the cheapest Video Game Stock in the World!
Business insider has published a report by Jefferies analyst Atul Goyal. He wrote that Nintendo is the cheapest video game stock in the world, but not for long.

“Nintendo is the “cheapest game stock in the world,” Jefferies analyst Atul Goyal wrote in a note.  The company has a ¥6.43 trillion ($58.7 billion) market cap and is trading at ¥46,370 a share ($424.15).”

“We believe OP could more than triple in 2 years, driven by cyclical (Switch) and structural (digital adoption for console games; mobile game revenues) factors,” he wrote.

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