Consumer goods analyst Austin Smith examines the bullish argument for RadioShack (RSHCQ). The company is very undervalued, trading at less than book value with a forward P/E ratio of 6.8 and no short-term debt. Moreover, RadioShack is poised to take advantage of the fast-growing mobile industry, all while sporting a 13% yield. With a solid balance sheet and future growth prospects, this company certainly looks like it could be a strong investment down the road. However, for all the things to love about RadioShack, Austin remains a bear.
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