Nintendo's stock has risen to its highest level ever since it was first listed on the Osaka Securities Exchange way back in 1962. This has caused JPMorgan Securities to give the company an "overweight" rating, which means they should really works some salads into their diet. Or maybe it's that their stock is expected to do ridiculously well over the next six to twelve months, I get the two confused.
This isn't a huge surprise, given that the resounding success of the DS and Wii caused Nintendo to raise its sales forecasts for this fiscal year four times. Analysts predict the stock value will go up 15% over the course of the next year.
Nintendo Shares Rise to Record [Bloomberg]
