Our stock pick GameStop (gme) is up 42% since we recommended it to our blog readers (see post). With three video game systems debuting in 2007, investing in GameStop was a no brainer.
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Yesterday GameStop released earnings for another amazing quarter. GameStop still looks very attractive and we think it should be bought on any dips. There are some great video games being released that should provide a nice boost to sales.
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Comments (3)
Thanks for the great stock pick. This stock has really helped my portfolio out!!!
Posted by Jeff | August 23, 2007 11:14 PM
GameStop seems expensive at these levels but I do see your point about the new consoles and games coming out.
I'm still debating if I should buy in. If I do it won't be a big position.
Posted by Anonymous | August 24, 2007 7:06 AM
Gamestop has been on a run for a long while. I keep waiting for a pullback to get in, but it has not come yet. I would expect it to be strong through christmas, and then have a pullback.
Posted by sam | September 19, 2007 6:25 PM