The Latest Breaking News from GME

With a positive earnings surprise in Q4, GameStop (GME) might be on its way to going bonkers as it did in 2021. However, given its unstable performance and uncertain prospects, fundamentally sound retail stocks ODP Corporation (ODP), TravelCenters of America (TA), and Build-A-Bear Workshop (BBW) appear to be more worthy…

Increased demand for online games and consoles, new offerings, and emerging technologies have significantly benefitted the gaming industry participants. Therefore, it could be wise to invest in fundamentally sound gaming stocks Tencent Holdings (TCEHY), Electronic Arts (EA), Playtika (PLTK), and SciPlay Corp. (SCPL) instead of beaten down GameStop (GME). Keep…

Video game and electronics retailer GameStop (GME) reported declining revenue and huge losses in its last reported quarter, and its financial position is threatened by increasing cash burn. However, following last year’s massive losses, this meme stock recovered slightly earlier this year. Let’s find out if one should buy or…

Since fundamentally weak, over-hyped, and over-leveraged businesses seem to be living on borrowed time in a turbulent economy, it may be wise to sell GameStop (GME), AMC Entertainment Holdings (AMC), and BlackBerry Limited (BB). Continue reading….

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As inflation continues to remain elevated and the Fed is unlikely to stop its rate hikes, the retail industry could remain under pressure due to dampened consumer spending. Therefore, investors could benefit from steering clear of fundamentally weak stocks Five Below (FIVE), GameStop (GME), Wayfair (W), Ollie's Bargain Outlet Holdings…

Although inflation reduced significantly from its peak, it remains far off the Fed’s target. The sequential increase in inflation and hotter-than-expected jobs report last month could compel policymakers to raise interest rates higher than previously expected until it achieves its 2% inflation target. Since it may not be easy for…

Since the turn of the year, GameStop (GME) has shown signs of a reprise of its mind-boggling bull run of 2021. We look into the company's fundamentals to determine whether the optimism is justified. Read on….

Despite the recent rally in meme stocks due to risky bets by amateur speculators, fundamentally weak, over-hyped, and over-leveraged businesses are unlikely to survive the rising rate environment. Hence, it may be wise to sell GameStop (GME), AMC Entertainment Holdings (AMC), and Bed Bath & Beyond (BBBY). Continue reading….