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Gamestop Shares Are Down 40% - Royce Funds Jay Kaplan Thinks They Are Attractive
Posted by: Canadian Value (IP Logged)
Date: February 7, 2014 11:44AM
Gamestop (GME) shares are down from $60 in the fall of 2013 to $35 now.
That requires nearly a double just to get back to where they started from.
Royce Funds small cap expert Jay Kaplan has owned Gamestop for a long time and believes that this company is one for the long term.
Kaplan thinks that recent weakness is just a part of a cyclical business.
He has other picks in the video below:
Guru Discussed: Chuck Royce: Current Portfolio, Stock Picks
Stocks Discussed: GME,