Where to buy GME stock?
Gamestop Stock Could Be a Long-Term Buy, but Avoid It for Now
- Gamestop ( GME) stock is likely to decline after the current overheated rally.
- The stock can still be profitable in the long term if revenue growth stays consistent.
- But investors should avoid buying GME stock due to the high short-term risk.
How high will GME go?
The Score for GME is 50, which is 0% below its historic median score of 50, and infers higher risk than normal. GME is currently trading in the 40-50% percentile range relative to its historical Stock Score levels.
Why did the price of GameStop stocks jump so suddenly?
The company’s stock price has soared this year on rising enthusiasm over GameStop Chairman Ryan Cohen’s reputation and his efforts to orient the company toward e-commerce.
Why did GameStop rise?
The GameStop surge is making headlines because it’s being driven by retail investors — individuals who buy and sell stocks for their own gains, as opposed to professional investors working on Wall Street — on the subreddit r/WallStreetBets (WSB), a community 2.9 million-strong that refers to members as “degenerates” and idolizes Elon Musk.
Can you still buy GME stock?
There are dozens of brokers offering trading platforms and online accounts, and every broker located in the United States will allow you to buy and sell GameStop stock, as GME is currently listed on the New York Stock Exchange.
What is the true value of GME stock?
Estimated DCF Value of one GME stock under the base case scenario is 83.67 USD. Compared to the current market price of 153.47 USD, the stock is Overvalued by 45%. Estimated DCF Value of one NYSE:GME stock is 83.67 USD.
Is GME a buy or sell?
Is GameStop stock a 'buy', 'sell' or 'hold' trading at its highs? The consensus recommendation for GME stock as of 13 July was bearish, with a total of three analysts rating the stock as 'sell' according to data compiled by MarketBeat.
What was GME highest price?
The all-time high GameStop stock closing price was 86.88 on January 27, 2021.
Is GameStop overvalued?
GameStop's stock is substantially overvalued at current trading levels based on any reasonable assessment of business value.
What is current GME float?
Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, GameStop's float shares is 66.90 Mil. GameStop's total shares outstanding is 76.13 Mil. GameStop's float percentage of total shares outstanding is 87.87%.
Will GME go up again?
GME shares nearly doubled to over $300 in four weeks. Fundamentally, little more than a mixed-bag earnings report delivered last week justifies the March 2022 bullishness. It certainly “smells” like another meme-style move higher, which could still be great news for GME investors.
Is GME going to split?
The GameStop GME –2.99% saga is set to take another turn on Friday when shares begin trading following the company's four-for-one stock split. Anyone who was a GameStop shareholder of record at the close of business on Monday is getting three additional shares.
Is GME stock expected to rise?
Based on our forecasts, a long-term increase is expected, the "GME" stock price prognosis for 2027-07-14 is 432.152 USD. With a 5-year investment, the revenue is expected to be around +1107.8%. Your current $100 investment may be up to $1207.8 in 2027.
How many shares of GME are there?
GameStop has 304.52 million shares outstanding. The number of shares has increased by 15.00% in one year.
How does short squeeze Work?
A short squeeze accelerates a stock's price rise as short sellers bail out to cut their losses. Contrarian investors try to anticipate a short squeeze and buy stocks that demonstrate a strong short interest. Both short sellers and contrarians make risky moves.
How do I buy GME stocks?
How to buy GameStop Stocks & Shares to Invest in GME Steps of buying GameStop sharesStep 1: find a good online broker. ... Step 2: open your brokerage account. ... Step 3: deposit money to your account. ... Step 4: buy the GameStop share. ... Step 5: review your GameStop position regularly.
Is GameStop stock a Buy, Sell or Hold?
GameStop stock has received a consensus rating of sell. The average rating score is and is based on 2 buy ratings, 1 hold ratings, and 8 sell ratings.
What was the 52-week low for GameStop stock?
The low in the last 52 weeks of GameStop stock was 77.59. According to the current price, GameStop is 166.37% away from the 52-week low.
What was the 52-week high for GameStop stock?
The high in the last 52 weeks of GameStop stock was 255.69. According to the current price, GameStop is 50.49% away from the 52-week high.
What are analysts forecasts for GameStop stock?
The 11 analysts offering price forecasts for GameStop have a median target of 22.36, with a high estimate of 50.00 and a low estimate of 8.00. The...
Ideas
Profile
Cup and handle nearing completion. Some people say Ryan Cohen (Gamestops Chairman) just sh*tposting. Some think it's a cryptic message. Maybe moon tomorrow.
About GameStop
GameStop Corp. engages in the retail of multichannel video games, consumer electronics, and wireless services. It operates through the following segments: United States, Canada, Australia, and Europe.
Headlines
GameStop Corp. engages in the retail of multichannel video games, consumer electronics, and wireless services. It operates through the following segments: United States, Canada, Australia, and Europe.
GameStop (NYSE:GME) Frequently Asked Questions
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