Market Currents

Shares of electronic sellers RadioShack (RSH +5.4%), hhgregg (HGG +1.6%), and Conn's (CONN...

Thursday, July 5, 2012, 2:02 PM ET
Shares of electronic sellers RadioShack (RSH +5.4%), hhgregg (HGG +1.6%), and Conn's (CONN +3.8%) trade higher as the ongoing drama at Best Buy continues to raise the M&A profile of the group. With margins razor-thin, the upcoming back-to-school season is also being counted on by the firms as a big part of their turnaround plans.

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Tim Cunningham Comments (28)

RSH is a screaming buyout candidate. Strong balance sheet, strong small town foothold, nice small stores! Best Buy would be better off operating out of a smaller Radioshack type store than their current big box model. Also, Microsoft and Amazon may be taking a look at Radioshack to get store models in place like Apple.

5 Jul 2012, 02:13 PM Reply Like

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