CG: Is it Game On for GameStop?
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 20 October 2020
⏱️ 49 minutes
🧾️ Download transcript
Summary
Gamestop (GME) has consistently been referred to as “the next Blockbuster” - with more shares sold short than issued, it’s been easy to make a bear case against the company. However, what happens when the bear case doesn’t pan out? Join Hidden Gems Canada Advisor Jim Gillies and Host Emily Flippen as they break down the bull case for GameStop and discuss why this legacy retailer may be breathing new life into its forgotten business.
Stocks: GME
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Transcript
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| 0:00.0 | Welcome to Industry Focus. The Podcast that dives into a different sector of the stock market each day. |
| 0:11.0 | I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Seidful. I'm Dylan Lewis. And today we're talking financials. Today we're talking consumer goods. |
| 0:19.0 | Wildcar! Wednesday. And we're talking energy. And today we're talking tech. Let's dive in. |
| 0:27.2 | Welcome to Industry Focus. Today is Tuesday October 20th and I'm the host of |
| 0:31.9 | this Consumer Goods focused episode Emily Flippin. |
| 0:35.1 | I am joined here by everyone's favorite Canadian Fool an advisor for the market |
| 0:39.7 | crushing small cap service Hidden Jim's Canada, Jim Gillies, to talk about the bull case for owning |
| 0:46.2 | GameStop. |
| 0:47.2 | Jim, thank you so much for joining. |
| 0:49.2 | Thanks for inviting me. |
| 0:50.2 | This is a treat. |
| 0:51.2 | I have to start off by calling out your performance on GameStop, not just |
| 0:55.6 | within Hidden Gems, Canada, but I actually want to throw back to September 2019 because we |
| 1:01.9 | have a back-in system here at the Fool where analysts such as |
| 1:05.1 | yourself can put in conviction ratings and theses for companies and you |
| 1:10.1 | have a conviction and a thesis for GameStop dating from September 2019 and GameStop stock has risen by over 200% since you laid out that call for it in our back end system called Fool IQ. So I'm really |
| 1:24.6 | excited to hear about about this bull case. Maybe it's changed over the last year |
| 1:29.2 | or so, but either way I'm excited to hear about it. But before we do so, I do have to repeat my favorite investing analogy |
| 1:37.1 | because I really think it applies here, at least for me. |
| 1:40.0 | I always say investing can be like dating. I think in the case of Game Stop I'm like a jaded |
| 1:46.0 | ex-girlfriend of Game Stop. We had a little bit of a rocky run in the past. Things maybe didn't |
| 1:52.3 | end on the best note. |
... |
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