Key insights
- The author discusses the investment potential of Sony (SONY) and Nintendo (NTDOY), noting their current trading levels near 52-week lows. The author highlights Sony's diverse product portfolio and Nintendo's upcoming Switch 2 and strong IP. The author discloses a long position in NTDOY and considers initiating a position in SONY. This reflects a mildly bullish sentiment on these specific stocks, but limited broader market implications.
Both Sony and Nintendo are trading near their 52 week lows. They have solid products: Sony has their cameras, game systems, electronics, and god knows what else.
Nintendo has the switch 2, which certainly isn’t a cheap product but the platform has been a solid performer for years. They obviously have a ton of IP. I’m not a gamer these days but they must have another system in the pipeline.
Any of you hold either of these? I picked up some NTDOY today with earnings coming soon. Thinking of doing the same with SONY.
Disclosure: I hold 408 shares of NTDOY. No SONY at the time of this post.