6/23/10 price $37.40
1/22/11 price $34.14
1/31/12 close $16.94
-54.71% return since we initiated coverage at Buy on 6/23/10
从首次于6/23/10的被评为买入评级后,回报率为-54.71%
We feel that Nintendo’s stock currently has more upside than Apple. Our investment thesis is that Wii U will return the Big N to revenue and earnings growth for the next 3 years.