On March 8, it was confirmed that Nintendo's stock has risen by a whopping 8% to 10,330 Yen. This has been the second day Nintendo has grown and is showing a major sign of improvement from just a few months ago. 39% of Nintendo's sales are from the US which makes sense due to US unemployment being at a six-week-low.
Other Japanese companies have seen their stocks increase, but it's not even close to the growth of Nintendo. Sony, for example, only increased 0.9% to 1,464 Yen. Sony's rise is most likely due to the PS4 announcement that took place in February. Nintendo's rise, on the other hand, is most likely due to it's 3DS handheld. The Wii U console could've played a role in the stock increase, but since sales for the system are still relatively low, it's unlikely that the Wii U helped as much as the 3DS did.
Nintendo's stock is expected to increase substantially during Christmas time when 'Wind Waker HD' and more flagship titles are announced at the E3 conference in June. This is only the beginning of Nintendo's big comeback to win the 8th generation of gaming. This increase in stock is very similar to what Nintendo experienced when they launched the original Wii in 2006 and as I mentioned, Nintendo's stock is expected to grow even more.
Michael Pachter, a game analyst who is known for making negative statements about Nintendo, has yet to comment on the increase of Nintendo's stock. From saying things like "Nintendo is doomed" in the past, it seems that he has been completely wrong about most of his statements. Yes, Wii U has some low sales but only because the game selection isn't wide. One the game selection is increased, sales will increase. If the Wii U receives a price drop as well, they could possibly outsell the PS4 and Xbox 720 once they are released.
Nintendo is going to keep growing if it keeps on releasing incredible games every year. The 3DS and Wii U are both amazing systems which have much more potential than they have right now. Within the next 3 years, expect Nintendo's stock to increase at an even faster and bigger rate.