Skip to main content

Is GameStop Stock a Buy or Sell Now?

Before the pandemic, GameStop stock looked like it was headed for oblivion. GameStop (NYSE: GME) sold new and used video games and consoles out of brick-and-mortar stores. It was a great business a few years ago, but gaming has increasingly moved online. Then the situation changed. The company came back into favor in dramatic fashion and has seen its shares rise by 183% in the last month alone. Investors are rightly wondering what on earth is going on here. Is GameStop now a must-own growth stock? Or is it a clunker about to fizzle out? I’ll break down what’s going on with this stock and show you whether it’s worth stashing in your portfolio right now… . Read more... Tags: Stocks to Buy To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Is GameStop Stock a Buy or Sell Now? appeared first on Money Morning - We Make Investing Profitable .
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.