Could Nintendo’s Stock Be On The Rise?

Written by Barry Investment Advisors | Dec 17, 2021 7:43:14 PM

With COVID-19 keeping more people inside and on their consoles, the video game industry is thriving. Many video game companies believe the next big thing is the “metaverse”: virtual worlds where gamers can interact with one another. A move towards the metaverse isn’t in the cards for industry giant Nintendo, but that doesn’t mean the company is out of touch—in fact, by resisting the metaverse trend, they may be making the smart long-term move. This Barron’s article explains why Nintendo is a company that may be worth a closer look.