The wild success of Pokemon Go has sent shares of Nintendo (NTDOY) up 50 percent in the past month. George Cipolloni, portfolio manager for the Chartwell Berwyn Income Fund (BERIX) , said there is more content where that came from. 'That value from Pokemon Go will not be able to justify the move in the share price currently, but we think longer term, given their portfolio of assets that the Nintendo strategy shift can lead to really good things,' said Cipolloni. Similarly, Cipolloni saw a strategy shift at Philips (PHG) , up five percent year-to-date, which attracted him to the stock. The company recently spun-off its lower margin lighting business making it a pure play in healthcare technology, a move Cipolloni believes will lift the stock over the long term. 'Spinning off that lighting business will generate some cash for the company, which is great,' said Cipolloni. 'They will redeploy that into higher margin sectors which should lead to higher return on capital and a higher share price.'
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