Jim Cramer on GameStop: “I’m Not a Buyer of This”

GameStop Corp. (NYSE:GME) is one of the 11 stocks on Jim Cramer’s radar. Pointing out GameStop Corp.’s (NYSE:GME) pivot toward cryptocurrency, Cramer stated:

“After the close, we hear from GameStop, which has now gone all crypto. While that’s a lot better than being just a gaming retailer in secular decline, that’s not saying much. So you’ll see the gaming stuff, and then you’ll see the crypto stuff, and the crypto stuff is what’s going to drive this stock higher, probably. Now, we got a very popular IPO this week. It’s called Circle Internet Group, which is a crypto platform that buyers went crazy for, so crazy that it’s gotten people buzzing about crypto outfits coming public that might otherwise not have bothered. And maybe that’s what GameStop can tap into. Look, I’m not a buyer of this. I’m just pointing out the storyline.”

Jim Cramer on GameStop: “I'm Not a Buyer of This”

A gamer playing a game on one of the specialty retail company’s gaming platforms.

GameStop (NYSE:GME) is a specialty retailer that sells new and used gaming products, accessories, software, collectibles, and digital content. The company is also active in the digital wallet and NFT space.

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