GameStop Stock: Poised to Bounce to $50?

It isn't all doom-and-gloom predictions on Wall Street for GameStop . In fact, the video-game retailer just caught an upgrade from an analyst at Baird, who thinks shares could rise another 20% to hit $50.

In the video below, Fool contributor Demitrios Kalogeropoulos breaks down Baird's thesis, which relies on two main catalysts for GameStop's stock: market share gains and new business lines. Demitrios notes that GameStop's dominance over the video game industry is still growing, as its market share was nearly half of all Xbox One and PS4 software titles sold last quarter.

The company also has made some promising diversification moves into consumer electronics and wireless phone services. Both of those business lines work well with the buy-sell-trade model that's been so profitable for GameStop to date. Watch the video below for Demitrios' full take on this upgrade, including whether he sees the stock hitting that $50 target soon.

Will Apple's next smart device be even more popular than the iPhone?
Apple recently recruited a secret-development "dream team" to guarantee its newest smart device was kept hidden from the public for as long as possible. But the secret is out, and some early viewers are claiming its everyday impact could trump the iPod, iPhone, and the iPad. In fact, ABI Research predicts 485 million of this type of device will be sold per year. But one small company makes Apple's gadget possible. And its stock price has nearly unlimited room to run for early in-the-know investors. To be one of them, and see Apple's newest smart gizmo, just click here!

The article GameStop Stock: Poised to Bounce to $50? originally appeared on

Demitrios Kalogeropoulos has no position in any stocks mentioned. The Motley Fool owns shares of GameStop. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story