Consumer goods analyst Austin Smith examines the bullish argument for RadioShack (NASDAQOTH: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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Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Best Buy and RadioShack. Motley Fool newsletter services recommend Nokia. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.