Can GameStop Corp's Dividend Even Survive?
Investors remain sharply divided over video game retailer GameStop (NYSE: GME). The bears think that digital downloads will kill its physical video game sales, while the bulls think that it might survive by expanding into adjacent markets -- like collectibles and consumer electronics.
However, GameStop's low valuation and high dividend also make it look appealing to bottom-fishing income investors. The stock trades at just 6 times earnings, compared to the industry average of 47 for specialty retailers. It pays a whopping forward dividend yield of 7.3%, compared to the S&P 500's average yield of 2%.
Source: GameStop.
Source: Fool.com
Amazon.com Inc. Stock
€155.22
-8.780%
The stock is one of the favorites of our community with 154 Buy predictions and 1 Sell predictions.
As a result the target price of 191 € shows a positive potential of 23.05% compared to the current price of 155.22 € for Amazon.com Inc..
