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Pachter - GameStop has 10 years left
"We...think that GameStop has at least 10 years of runway left in its core business. In the meantime, the company is leveraging its pre-eminent position in selling used game consoles into a strength in offering used smart phones, tablets and other consumer electronics, and we expect substantial growth from this category over the next several years. GameStop management has consistently returned the company's free cash flow to investors, and we expect them to continue to do so, suggesting to us that EPS growth will continue for much of the next decade.
With the status quo remaining largely in place for used gaming on next gen, the transition of sales from physical to digital should be quite slow. GameStop's PowerUp Rewards program should enable continued market share gains and position it to be the 'last man standing' for physical sales." - Wedbush analyst Michael Pachter
Link
With the status quo remaining largely in place for used gaming on next gen, the transition of sales from physical to digital should be quite slow. GameStop's PowerUp Rewards program should enable continued market share gains and position it to be the 'last man standing' for physical sales." - Wedbush analyst Michael Pachter
Link