Nintendo Shares Buy or Sell?

The major console stocks are Microsoft Corp (MSFT), Nintendo ADR (NTDOY), and Sony (SNE).  We told you to buy them back on Dec 23rd, all but one have  rallied.  The loser being Nintendo.

XBOX 360
Microsoft Corp (MSFT) shares have been the big winner since our Buy recommendation, shares have bounced back almost 14%.  Even with MSFT at $29 it still pays 2.73% annual yield.  Microsoft is now finally trading near its 52-week high, just 2% away.

PS3
Sony (SNE) shares have inched up 1.5% since December.  Sony's saving grace is they do pay a 1.75% annual dividend yield.  Over the past 12 months Sony shares have traded between $16.16 and its 52-week high of $36.97.

Wii and upcoming Wii U
Nintendo ADR (NTDOY) shares have fallen since December and hit a new 52-week low of $16.16 since we talked up the company.  We've been optimistically speculative of NTDOY, they have a ton to prove to Wall Street and everything is riding on the success of the Wii U.  Mastery still feels the same about Nintedno, that would be:

If NTDOY is going to comeback in 2012, now is the time to buy.

Shares are trading at levels not seen since the rebirth of the company thanks to the original Wii.  NTDOY hasn't traded in the $16 range since January 2006.

If the Wii U can deliver NTDOY shares could finally bounce back.

Bottom line:

If you are searching to catch a bounce in the console stocks, your focus should be on SNE first, then NTDOY. 

MSFT has enjoyed its comeback.

CHART LAND