GameStop: An Outdated Business Model?
To be honest, surprises me that GameStop (GME) still exists. The business model strikes me as out-dated, like Blockbuster - that now defunct movie rentals company. But GameStop is still kicking, and it looks like this dinosaur is nowhere near going exinct.
Revenue & Net Income are high, but plateued.
The Stock isn't really doing much.
GameStop is not going bankrupt any time soon, the business is strong. However, there is clearly not much room for organic revenue growth in this enterprise so I see little reason to invest.