Is GameStop Stock a Buy?
It certainly seems like a name worth owning stock in right now. Shares of GameStop (NYSE: GME) came out of their prolonged slump in August, rallying more than 300% from July's last trade, and bumping into new 52-week highs this past week.
A recently unveiled partnership with Microsoft (NASDAQ: MSFT) looks like it could breathe some new life into the beleaguered gaming-focused retailer, and while not presently profitable, by most other measures the stock looks cheap.
The bullish case for GameStop starts to break down again, however, for investors looking beyond the next couple of months.
Source Fool.com
