GameStop is a leading video game retailer threatened by the adoption of digital content. Digital is not expected to surpass physical delivery for the next four to five years giving GameStop ample time to execute transformation. Console cycle will boost the sales of the company in the short-term while the company re-positions. Valuation reveals minimal risk for investors, over 1-2 years, as the company doesn’t lose its value even with bear-case growth assumptions. Bull-case valuation projects an upside of more than 50%
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