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 (...

First-quarter earnings season nears an end with Hewlett-Packard (

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GameStop Corp. (GME) rose almost 2% in morning trade to go past its 200-day moving average of $30.40. GME is a Zacks#2 Rank ("Buy") stock. It has topped or met the consensus estimate in each of the last 4 quarters with an average surprise of 11.96%, or 4 cents per share.

Zacks Investment Research

GameStop Corp. (GME) advanced more than 3% in afternoon trading to go past its 200-day moving average of $30.60. This Zacks#2 Rank ("Buy") stock has topped the consensus estimate in each of the last 4 quarters with an average surprise of 11.96%, or 4 cents per share. With a P/E of 12.5X, GameStop still trades at a discount to its peers.

Zacks Investment Research

For Immediate Release

Chicago, IL - April 20, 2009 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: General Electric Co. (GE), Citigroup Inc. (C), Goldman Sachs (GS), JP Morgan (JPM) and GameStop Corp. (GME).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=4579.

Here are highlights from Friday's Analyst Blog:

GE Down, but Not Out

General Electric Co. (GE) reported first-quarter earnings of $0.26 vs. $0.43 a year ago, but better than the $0.21 consensus expectations. The only real area of strength for the firm was in its Energy Infrastructure business, where segment

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We highlight GameStop Corp. (GME).Yesterday, the NPD Group reported that US video game sales in March dropped more than expected. Sales of hardware, software and accessories fell 17% year-on-year to $1.43 billion. For the first quarter, sales were flat at $4.25 billion. The double-digit decline was larger than expected. Most forecasts expected software sales to be flat to down slightly.Unlike the rest of retail, video games sales have held up extraordinarily well during this economic downturn. Video games are cheaper form of entertainment than other activities like going to the movies or going to a sporting event. The games are played in the home, which ties in with the trend of consumers wanted to stay home more to save money. That makes the March sales decline important data that could point to weakness finally spreading into the video games industry.The NPD's March ...

For Immediate Release

Chicago, IL - April 9, 2009 - Zacks.com releases the latest Zacks Industry Rank. Stocks featured in this week's analysis include Best Buy Co., Inc. (BBY), Conn's, Inc. (CONN), GameStop Corp. (GME) and Corning Incorporated (GLW).

Zacks Industry Rank Analysis is written by Charles Rotblut, CFA, Senior Market Analyst for Zacks.com.

This Week: Better Profits for Electronics Stores?

Profit forecasts for electronics retailers are rising in a significant manner. During just the past 2 weeks, more than 40% of all earnings estimates for Retail-Consumer Electronics have been revised upwards - a very bullish sign.

The biggest beneficiary of the optimism has been Best Buy Co., Inc. (BBY).

A couple of weeks ago, BBY shocked analysts with better-than-expected fiscal fourth-quarter earnings of $1.61 per share. Though same-store sales were down, the dollar amount of the average

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Highlighted stocks include Best Buy Co., Inc. (...

GameStop Corp. (GME) gained more than 2% this morning and was trading close to its 200-day moving average of $31.46. GME is a Zacks#2 Rank ("Buy") stock. The consensus forecast on the company's full-year profit has gone up by a penny to $2.87 per share in the last week.

Zacks Investment Research

For Immediate Release

Chicago, IL – March 26, 2009 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Carnival Corp (CUK), Carnival plc (CCL), Actel Corporation (ACTL), QuickLogic (QUIK) and GameStop Corp. (GME).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=4579.

Here are highlights from Wednesday's Analyst Blog:

Carnival Cuts Prices to Fill Ships

Carnival Corporation and plc (CUK, CCL) is keeping its cruise ships full, but only by significantly cutting prices. While this is great news for consumers looking for a vacation deal, the moves will likely put pressure on

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