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Gamestop Corporation (GME) [hlAlert]

Strong Buy
down 6.53 %

Gamestop Corporation (GME) rated Strong Buy with price target $28 by CL King

Posted on: Friday,  Nov 21, 2008  9:25 AM ET by CL King

CL King rated Strong Buy Gamestop Corporation (NYSE: GME) on 11/21/2008. Previously CL King rated Buy Gamestop Corporation (NYSE: GME) on
08/24/2007., when the stock price was $49.43. Since then, Gamestop Corporation has lost 6.53% as of 12/10/2015's recent price of $46.20.
If you would have followed the previous CL King's recommendation on GME, you would have lost 6.53% of your investment in 3030 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.

CL King research analysts "Discover the Uncovered." Our analysts seek out small- and mid-cap companies that may be ignored by other Wall Street research providers, identifying value and growth that may be unrecognized by institutional equity investors. Our goal is to generate superior absolute returns while minimizing downside risk.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/21/2008 9:25 AM Buy
17.89 28.00
as of 12/24/2008
1 Week up  8.60 %
1 Month up  15.74 %
3 Months up  21.30 %
1 YTD down  -33.19 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/24/2007 9:25 AM Buy
49.43 55.00

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