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mick

09/01/19 8:00 PM

#206334 RE: mick #206333

GameStop (NYSE: GME)

Several flagging retail stocks have been called “the next Blockbuster” in recent years, but it’s hard to find a better Blockbuster analogue than GameStop (NYSE: GME).

Just like the defunct video rental giant, GameStop’s business consists of brick-and-mortar stores selling (or renting out) physical media that most people now buy online.

Online game marketplaces like Steam, PlayStation Network, Xbox Games Store, and Google Stadia have done to GameStop what Netflix and other streaming services did to Blockbuster. And today, GameStop’s stock price is on a similar trajectory to Blockbuster’s 10 years ago...