Buy Nintendo stock now before the new Switch 2 drives record user growth, Goldman says

The Nintendo Switch.

Neilson Barnard/Getty Images for Nintendo of America

• Nintendo stock is a buy as the Switch 2 launch nears, says Goldman Sachs.
• Goldman sees the Switch 2 boosting Nintendo's profits and sales to record levels.
• Nintendo's movie ventures and strong balance sheet add to its growth potential.

The Switch 2 is around the corner and investors are going to want to pay attention to the release of Nintendo's next-generation handheld console.

Goldman...