Nintendo (OTC:NTDOY) continues to woo investors after announcing yet another record quarter. The video game company reported net profits of $1.16 billion on sales that more than doubled and operating profit that rose 181 percent. Shareholders are hoping that the company can continue this streak of impressive growth and deliver value to investors.

Nintendo shares have nearly doubled this year with the success of its innovative Wii gaming console and continued strength in its handheld gaming businesses. Since the Wii's launch in November, the company has sold 13.17 million units and now expects to sell 17.5 million during this fiscal year. Meanwhile, the company also raised its sales forecast on handheld units by 61 percent.

The Wii continues to outsell the Sony Playstation and it wasn't until only recently that Microsoft's Xbox was able to beat out the console. The Wii relies on price and a unique controller in order to drive gamers despite a lack of big-name software titles. This is the opposite of Microsoft and Sony who rely on huge titles like Halo and Final Fantasy to drive sales.

In the end, Nintendo continues to impress shareholders and investors with astounding numbers. The only big problem in the near-term is a strengthening Yen that may end up affecting the price of its units. It's shares have been on a steady increase since 2006 - up over 350 percent. Clearly, this makes NTDOY a stock worth watching!

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