NTDOY - Nintendo: The One Stock I'd Buy to Close Out 2021
In today's investing environment with broad market earnings multiples near all-time highs, it can be tough to find new stocks to invest in. A lot of stocks, especially high-growth software and technology stocks, trade at price-to-sales ratios (P/S) of 10 or higher, which will make it tough to produce robust returns over the next five to ten years. This doesn't mean it is time to sell all your holdings, but you should be prudent with any new stock purchases right now.
If you have some spare cash available as we close out 2021, the one stock I'd recommend buying is Nintendo (OTC: NTDOY) . Here's why.
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Nintendo: The One Stock I'd Buy to Close Out 2021