3 Things for GameStop Investors to Watch in 2017

GameStop stock has had a rough run over the last several years, and investors looking for a potential turnaround in 2017 should pay attention to these three elements that will affect the retailer's business.

Keith Noonan
Keith Noonan
Feb 16, 2017 at 7:41AM
Consumer Goods
Young boy playing video games at GameStop Expo.

Image source: GameStop.

GameStop (NYSE:GME) stock had a rough year in 2016, with its share price falling roughly 11%, and same-store sales down between 10% and 12%. While the company faces challenges as a result of the transition of software sales from retail channels to digital distribution, the tough outlook and lagging sales have brought its forward earnings multiple to roughly 7 and pushed its dividend yield to 5.8%, and a beaten-down valuation suggests the stock could bounce back this year if certain favorable trends develop.

Click through the presentation below for information on why collectibles and key product releases from companies including Nintendo (NASDAQOTH:NTDOY), Microsoft (NASDAQ:MSFT), and Activision Blizzard (NASDAQ:ATVI) are key points for GameStop investors to watch this year.