In this video, Blake Bos describes why investors should be bullish on GameStop (GME +0.99%). This past quarter showed the company beating estimates, which comes on a track record of improving cash flow and an announcement that both Playstation 4 and Xbox One will support used games, which GameStop makes a large portion of its profits from currently. Investors will have to wait to see how the new system launches go at Christmas, but in the meantime should focus on mobile and digital downloads. These represent the some of key areas in the future for GameStop, and investors need to watch carefully how GameStop adapts to the evolving reality that its old business model is becoming a dinosaur.
GameStop's earnings should make you stand up and take note.
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A home grown Kansan and largely self taught investor. I wouldn't classify myself by any particular investing style, just opportunistic. My dream investment would have a greater than 10% free cash flow return on enterprise value and be growing at above industry average rates. Some of my favorite industries to watch right now are: alternative energy, manufacturing, agriculture, infrastructure, and media content production companies. Follow me on any of the social media websites below for the most important 3D printing industry developments and other great stories.