Investment Thesis
Since my last article on Nintendo (NTDOY), a number of exciting events have taken place with respect to the company's future direction. These include Tencent (TCEHY) being given permission to sell the Switch console in China, the release of a mobile game with microtransactions, and rumours surrounding the imminent release of two new Switch consoles. When these new catalysts for growth are considered alongside Nintendo's vast portfolio of intellectual property and reasonable valuation, it is very clear that the company's stock still seems to represent an excellent long-term investment