Top 5 Penny Stocks To Watch Right Now

Top 5 Penny Stocks To Watch Right Now: Gamestop Corporation (GME)

GameStop Corp. operates as a retailer of video game products and personal computer (PC) entertainment software. It sells new and used video game hardware; video game software; used video game products; and video game accessories, which primarily consist of controllers, memory cards, and other add-ons, as well as strategy guides and trading cards. The company also offers PC entertainment and other software across various genres, including sports, action, strategy, adventure/role playing, and simulation, as well as products that relate to the digital category comprising network point cards, prepaid digital and online timecards, and digitally downloadable software. GameStop Corp. sells its products through stores, as well as through its electronic commerce Web sites, including gamestop.com, ebgames.com.au, gamestop.ca, gamestop.it, gamestop.es, gamestop.ie, gamestop.de, and micromania.fr. As of July 12, 2011, its retail network and family of brands included 6,573 company-oper ated stores in 17 countries worldwide. The company also publishes Game Informer, a video game magazine in the United States; and operates the online video gaming Web sites kongregate.com and joltonline.com. GameStop Corp. was founded in 1994 and is based in Grapevine, Texas.

Advisors' Opinion:

• [By Jon C. Ogg]

  Sony Corp. (NYSE: SNE)is an ADR and its upgrade cycle win might be more tied to Abenomics and TV hopes as well as other issues. Ditto for Micrososft Corp. (NASDAQ: MSFT). But now take a look at GameStop Corp. (NYSE: GME). Its stock skyrocketed after earnings, as it is not going to be circumvented in a download-only mode for gaming consoles yet. Its stock is now back up above $50, which is more than 150% from its lows seen in the past year, and its stock was dead and buried for years. This is a post-recession high, and we cannot just say that it is a strong stock market.

• [By Brian Pacampara]

  W! hat: Shares of video game retailer GameStop (NYSE: GME  ) climbed 10% today after Microsoft (NASDAQ: MSFT  ) announced that it will not charge a fee for playing used games on its new Xbox One entertainment system.

• [By Adam Levine-Weinberg]

  The new DRM policy could also be bad for GameStop's (NYSE: GME  ) business model, which relies heavily on trade-ins; used games offer high resale margins and also put cash in the hands of customers to buy more games at GameStop. However, the impact on Xbox One sales was clearly going to depend on whether Sony adopted the same restrictions. If Xbox One and PS4 had similar DRM policies, plenty of gamers would have given in and accepted the restrictions. For GameStop, not all is lost... yet.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-5-penny-stocks-to-watch-right-now-2.html