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StockNews.com
StockNews.com
Business
Santanu Roy

As GameStop Gears up for Another Short Squeeze, Focus on These Specialty Retailers Instead

Although bulls might be back in time to kickstart another 2021-styled short squeeze in GameStop Corp. (GME), fundamentally strong and growing specialty retailer stocks The ODP Corporation (ODP), TravelCenters of America Inc. (TA), and Build-A-Bear Workshop, Inc. (BBW) could generate higher risk-adjusted returns in a fickle-minded market, mirroring a turbulent macroeconomy.

On March 21, GME released its earnings for the fourth quarter and fiscal year 2022. Contrary to Street expectations which were an extrapolation of the company’s string of losses for seven straight quarters, the video game retailer posted a quarterly profit.

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