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Gamestop Corporation (GME) [hlAlert]

Rating:
Buy GME
up 87.34 %

Gamestop Corporation (GME) rated Buy with price target $44 by Ascendiant Capital Markets

Posted on: Friday,  May 17, 2013  8:25 AM ET by Ascendiant Capital Markets

Ascendiant Capital Markets rated Buy Gamestop Corporation (NYSE: GME) on 05/17/2013. Previously Ascendiant Capital Markets rated Buy Gamestop Corporation (NYSE: GME) on
03/21/2012., when the stock price was $24.66. Since then, Gamestop Corporation has gained 87.35% as of 12/10/2015's recent price of $46.20.
If you would have followed the previous Ascendiant Capital Markets's recommendation on GME, you would have gained 87.34% of your investment in 1359 days.

GameStop Corp. (GameStop) is a retailer of video game products and personal computer (PC) entertainment software. The Company sells new and used video game hardware, video game software and accessories, as well as PC entertainment software, and related accessories and other merchandise. As of January 31, 2009, the Company operated 6,207 stores in the United States, Australia, Canada and Europe, primarily under the names GameStop and EB Games. During the fiscal year ended January 31, 2009, GameStop operated its business in four segments: United States, Canada, Australia and Europe. On April 5, 2008, GameStop acquired Free Record Shop Norway AS. In July 2008, the Company purchased certain assets and Website operations from The Gamesman Limited, a video game and entertainment software retailer, including eight stores in New Zealand. On November 17, 2008, GameStop France SAS, a wholly owned subsidiary of the Company, acquired SFMI Micromania SAS.

Ascendiant Capital Markets is led by George Santana, who has nearly twenty years of equity research experience in the United States and foreign markets. During his career, Mr. Santana has been recognized six consecutive times in the Institutional Investor magazine poll of top analysts.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/17/2013 8:25 AM Buy
None
38.42 44.00
as of 12/13/2013
1 Week up  4.90 %
1 Month down  -17.88 %
3 Months down  -9.83 %
1 YTD up  88.48 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/16/2012 8:25 AM Buy
None
24.91 29.00
5/18/2012 8:25 AM Buy
None
18.26 25.00
3/21/2012 2:25 PM Buy
None
24.66 30.00

(*) Stock Price at the time of the recommendation.
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