CEO Ryan Cohen Is Turning GameStop Around, But Does That Make the Stock a Buy?
GameStop is sitting on a lot of cash, waiting to make its next move.While GameStop (GME 0.32%) once looked destined to go the way of the dodo bird, CEO Ryan Cohen's efforts have led to a turnaround at the company. This was once again on display when the company reported its fiscal second-quarter results.The resurrection of GameStop has been one of the biggest surprises in retail, perhaps only behind Build-a-Bear. When Cohen took the helm in the fall of 2023, the video game retailer was seeing multiple headw ...