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Gamestop Corporation (GME) [hlAlert]

Rating:
Buy GME
up 65.53 %

Gamestop Corporation (GME) rated Buy with price target $21 by Broadpoint AmTech Research

Posted on: Monday,  Mar 8, 2010  9:25 AM ET by Broadpoint AmTech Research

Broadpoint AmTech Research rated Buy Gamestop Corporation (NYSE: GME) on 03/08/2010. Previously Broadpoint AmTech Research rated Buy Gamestop Corporation (NYSE: GME) on
10/15/2009., when the stock price was $27.91. Since then, Gamestop Corporation has gained 65.53% as of 12/10/2015's recent price of $46.20.
If you would have followed the previous Broadpoint AmTech Research's recommendation on GME, you would have gained 65.53% of your investment in 2247 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.

Broadpoint AmTech, Inc. is an equity research firm specializing in research on large and small cap companies. It provides equity research, sales, and trading services. The firm provides fundamental research on information technology and defense companies. It focuses on the aerospace and defense; analog semiconductors; broadband and media services; clean technology: biofuels; clean technology: coal; clean technology: energy generation and infrastructure; clean technology: solar; clean technology: wind; data networking and storage components; engineering and construction; financial technology; Internet; information technology hardware; LED industry; software; wireless communications; and wireless IC sectors. The firm caters to institutional investors. It was formerly known as American Technology Research. Broadpoint AmTech, Inc. is based in Greenwich, Connecticut, with additional offices in San Francisco, California and Denver, Colorado. The firm is a division of Broadpoint Securities Group, Inc.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/8/2010 9:25 AM Buy
None
18.10 21.00
as of 12/31/2010
1 Week down  -5.94 %
1 Month up  4.91 %
3 Months up  6.03 %
1 YTD down  -4.74 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/15/2009 9:25 AM Buy
None
27.91 33.00

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