Zack's Bear of the day!
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GameStop's profitability in the used games business could attract the interest of larger retailers like Best Buy, who could use their scale and loyal customers to establish a competitive position. (P) (z)
Zack's Bear of the day!
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GameStop's profitability in the used games business could attract the interest of larger retailers like Best Buy, who could use their scale and loyal customers to establish a competitive position. (P) (z)
Statistics are looking great...Forward P/E 7, PEG 0.50, good cash flow and company has re-affirmed full year guidance (even though 2nd quarter guidance has been lowered). I am guessing more people would prefer to spend vacation at or near home (playing games ?) due to recession/job worries. This games are surely addictive...at least for me!
Stock down 35% in the past several weeks .Indrustry although showing a bit of a slowdown still one of te best industries around. Be in this when when the industry starts heating up again
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>$1B MarketCap, Price/sales <0.5, >10 brokers with >=70% rating it buy/strong
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GameStop's profitability in the used games business could attract the interest of larger retailers like Best Buy, who could use their scale and loyal customers to establish a competitive position. (P) (z)
MAGE
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