Jim Cramer’s Game Plan: 9 Stocks in Focus

3. GameStop Corp. (NYSE:GME)

Number of Hedge Fund Holders: 24

Remarking that one cannot “game” GameStop Corp. (NYSE:GME), Cramer said:

“After the close, we hear from GameStop. Now this stock has…a propensity to go up, both before and during the earnings report and then it just starts to lag because nothing ever really happens. Maybe they’ll announce some plan to lever up and buy some Bitcoin. In the end, you can’t game GameStop.”

GameStop (NYSE:GME) is a specialty retailer offering new and pre-owned gaming products, accessories, software, collectibles, and digital content, and is also involved in the digital asset wallet and NFT markets. In February, when Cramer was asked about the company, he commented:

“I think, I’ll tell you, if you want games, you gotta be in Take-Two because Take-Two’s gonna have a Grand Theft Auto brand new edition this year and that’s the one to be in. I mean, you gotta have momentum. I mean, look at what happened to EA, uh-uh, so I can’t recommend GameStop, I just know it’s a meme stock. But if you want a meme stock, of course, you just buy Palantir. I think everyone should just go buy Palantir. I mean like Palantir, it’s like, what can I say? Alex Karp, I think he’d find you if you didn’t buy Palantir and give you a little talking to.”