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Stock impact report

Is GameStop the Next Berkshire Hathaway? [Yahoo! Finance]

GameStop Corporation (GME) 
Last gamestop corporation earnings: 3/26 04:06 pm Check Earnings Report
Company Research Source: Yahoo! Finance
While it may not be as bold as his 2008 prediction, it is likely to capture the attention of investors. His latest contrarian call involves purchasing shares of GameStop (NYSE: GME) stock. Although Burry was a GameStop shareholder in the past, the reasoning behind his move back into the stock may come as a surprise to investors, and here's why. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Burry said he was not buying GameStop for its underlying business. Instead, he believes in its leader, CEO Ryan Cohen. He went so far as to compare Cohen to Warren Buffett, claiming GameStop could become a business like Berkshire Hathaway Buffett famously bought Berkshire in 1962 when it was a struggling New England textile manufacturer. He wholly redefined the business, investing in what he deemed high-quality companies during market downturns. Indeed, some of Cohen' Show less Read more
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