Ascendation sees GameStop (GME +3.4%) as undervalued with strong cash flow and a boosted...

|About: GameStop Corp. (GME)|By:, SA News Editor

Ascendation sees GameStop (GME +3.4%) as undervalued with strong cash flow and a boosted dividend likely to draw in investors. The firm is also believer in GameStop's digital and tablet initiatives as they add a few pennies to EPS estimates for FY12 - FY13. Also on the GME bandwagon: SA author J Mintzmyer is quick to point out the company is a buyout candidate, while Stelliam Investment notes few companies have managed adversity as well without being rewarded in the stock market.