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Highlights include GameStop Corp. (GME), Microsoft Corp. (MSFT) and Sony Corp. (SNE).GameStop Shares Underperform Broader MarketThe S&P 500 is up 33% from its March 9 low, but GameStop Corp. (GME) shares are up just 14%. This weak relative performance is not justified. GME is trading at just 9 times consensus 2009 EPS estimates, it is one of the few retailers that will increase its sales this year, and the company's earnings are expected to grow about 23% this year and 12% in 2010.It appears that market expects the video game industry, which has held up well during the economic downturn, to finally succumb to the macro environment. Recent data from the NPD Group support that view. Last week, the NPD Group reported that video game sales in April were soft. Sales of consoles Microsoft's (MSFT) Xbox 360, Sony's (...