In order for investors to make an educated decision about their portfolio, they need to understand both the bear and bull case for their holdings. Today, analyst Austin Smith looks at the bull case for one of his own holdings: SUPERVALU(NYSE:SVU)

Of course there is a fourth reason as well -- SUPERVALU's huge dividend. Turnaround can take time, and in this case you can sit on a nearly 7% yield while you wait. Then again, the future remains uncertain for this company, and dividends require patience and a long-term view.

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Austin Smith owns shares of SUPERVALU. The Motley Fool owns shares of SUPERVALU. 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.