Jim Cramer’s Game Plan For This Week: 7 Stocks in Focus

5. GameStop Corp. (NYSE:GME)

Number of Hedge Fund Holders: 25

GameStop Corp. (NYSE:GME) is one of the stocks in focus in Jim Cramer’s game plan for this week. Cramer mentioned the stock as part of his game plan. He remarked:

“You know what doesn’t? GameStop. Its chief claim to fame is its surly chairman and CEO, Ryan Cohen. Maybe it has something to say. Maybe his acolytes and minions will care, or maybe GameStop will once again find a new way to disappoint.”

GameStop Corp. (NYSE:GME) is a specialty retailer that provides new and pre-owned video games, consoles, accessories, digital content, and collectibles through its stores and online platforms. Cramer discussed the company’s shift to crypto in a June episode, as he said:

“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.”