Forbes Article by BetterTrades

10-13-09

Good Time To Get Into Gamestop

Unemployment is at a 26-year high, consumer debt is through the roof, yet everyone has money for videogames. GameStop couldn't be happier about it. Not thanks to escapism or an addiction to guilty pleasures, but mostly because of the Nintendo ( NTDOY.PK - news - people ) Wii's spectacular success, the videogame industry has bucked a collapse in consumer spending. With Nintendo's resurgence acting as its chief benefactor, in addition to a fruitful trade-in business, GameStop ( GME - news - people ) has spit in the face of a recession crippling most retailers.

Forbes Article by BetterTrades