GameStop Corp. (GME)’s Impossible Climb

But assuming Sony follows Microsoft’s lead, GameStop can look forward to delivering the latest generation of game consoles to a hungry base of gamers, and then reaping profits down the line as used games start trading heavily. Shares could even continue their climb in the face of all of GameStop’s worries. Considering that the stock is valued at less than 10 times annual cash flow, further gains aren’t impossible from here.

The article GameStop’s Impossible Climb originally appeared on Fool.com and is written by Demitrios Kalogeropoulos.

Fool contributor Demitrios Kalogeropoulos has no position in any stocks mentioned. The Motley Fool owns shares of GameStop and Microsoft.

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