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Opinions Kash Pashootan
GameStop Corp.GMEPAST TOP PICKFeb 27, 2015
Kash PashootanStock price when the opinion was issued
As of Jun 18, 2026. Market Open.
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Premium contentGamestop is a family of specialty retail brands that makes the most popular technologies affordable and simple. we are a global retailer of multichannel video game, pop culture collectibles, consumer electronics and wireless services, operating more than 7,500 stores in 14 countries across europe, canada, australia and the united states.
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It doesn't have much going for it as a business. In contrast, TTWO just delivered a strong quarter based on selling videogames direct to customers online and cutting out the brick-and-mortar middleman which is GameStop. Doesn't matter, because there bulls who want to push this stock higher; they are the so-called meme traders. With more stimulus cheques, though, these bulls will eventually run out of firepower.
Is up 3268% in the past year, 772% YTD and 6% today. And yet the company rewarded their CEO Sherman by ousting the him. True, this move had to do with activist investor Ryan Cohen instead who'll be chairman; he plans to digitize this brick and mortar company, but details? What is he planning? It's vague, though younger investors have faith in him. He suggests he turns their 5,000 stores into Bitcoin banks then set up e-gaming palaces in shopping malls where winners are paid in cryptos. Mind you, a recent report from Goldman Sachs notes that younger retail investors are trading less sharply from August 2020.
(A Top Pick Jan 16/15. Up 3%.) This is a play on the consumer. It gives you a broader range including Xbox, PlayStation and all of their games. This is an area where he is seeing dollars being channelled to. This company has done a few things in the last year which are compelling. They have grown their mobile space and are bringing the consumer in with their secondary market.