SOURCE: Wall Street Equity Research

Wall Street Equity Research

September 16, 2010 09:22 ET

Professional Research on Best Buy and GameStop -- Maintaining the Momentum for the Upcoming Holiday Season

JOHANNESBURG, SOUTH AFRICA--(Marketwire - September 16, 2010) -  www.wallstreetequityresearch.com gives shareholders valuable insight on electronics stores stocks Best Buy Co. Inc. (NYSE: BBY) and GameStop Corp. (NYSE: GME). Sign up today at www.wallstreetequityresearch.com to receive free research reports on these equities.

In general, electronics stores have been gaining on last year's earning and will be hoping to continue this trend through the holiday period. August retail figures, recently released by the US Commerce Department, show a 3.5 percent increase in spending over this time last year. The back to school season is traditionally viewed as a preview for the all important holiday season, thus retailers are feeling optimistic about the rise in consumer spending.

www.wallstreetequityresearch.com is a specialized website where investors can have specific access to free reports on the electronics stores industry; traders looking for analyst opinions on Best Buy Co. Inc., GameStop Corp. and other companies in this industry are welcomed to sign up for a free one year membership at http://www.wallstreetequityresearch.com/.

Unfortunately for electronics stores, spending on big ticket items is down. Widescreen TVs which have previously been a big source of income are not selling well anymore. On the other hand, sales of mobile phones, especially smartphones, are on the up and up. Despite being smaller items, mobile phones are successfully compensating for the reduced TV sales as they are moving in larger quantities. Best Buy Co. Inc., which reported its second quarter recently, is not regretting the decision to expand its mobile phone segment as it saw its profits jump by 62% largely due to mobile phone sales. Traders can get direct and free access to today's full report on Best Buy Co. Inc. by signing up at http://wallstreetequityresearch.com/September162010BestBuyCo.Inc.(BBY)160910.php.

A number of companies are also counting on tablets such as the iPad to be big sellers and are preparing to have them widely available in time for Christmas shopping. Visit us at http://www.wallstreetequityresearch.com/ to understand the catalysts and forces driving or affecting the electronics stores industry in today's economic environment.

Game orientated electronic stores are also diversifying their portfolios. As social gaming networks gain in popularity, some companies like GameStop Corp. are buying up successful websites so as to get ahead of their competitors and establish themselves in this up and coming area. The fast approaching holiday season is also a profitable time for these retailers, as numerous and long awaited new releases come out in the run up to Christmas. Traders can have complimentary access to today's complete research report on GameStop Corp. by signing up at http://wallstreetequityresearch.com/September162010GameStopCorp.(GME)160910.php.

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