GameStop Earnings Are a Gold Mine
Aug 25th 2013 11:18AM
Updated Aug 25th 2013 11:20AM
The past five years haven't been kind to investors in GameStop , but the company's recent earnings suggest that the times could be quickly changing. After reporting earnings last week, the company's share price is up nearly 8%, and it's climbed than 100% year to date. These share-price gains are largely a function of the next-generation consoles from Sony and Microsoft supporting used games, but judging from GameStop's most recent earnings release, the party could just be getting started.
Investors should check out the following video, as Motley Fool analyst Blake Bos discusses the most recent quarterly results and why he thinks the company is poised for a very big 2014.
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The article GameStop Earnings Are a Gold Mine originally appeared on Fool.com.Blake Bos and The Motley Fool own shares of GameStop and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.