RadioShack (RSH) Catches Eye: Stock Soars 17.6%

Zacks Equity Research

Thu, Jan 23, 2014, 8:06 AM

RadioShack Corp. (RSH) was a big mover last session with shares rising nearly 18% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the uptrend for the company since Jan 10, as the stock is now up nearly 21%.

This retailer of consumer electronics goods and services has seen no estimate revision in the last 30 days. The Zacks Consensus Estimate hasn’t remained in trend either. Yesterday’s sharp climb is encouraging though, so make sure to keep a close watch on this firm in the near future.

RadioShack currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the broader retail sector include Conns Inc. (CONN), Amazon.com Inc. (AMZN) and Geeknet, Inc. (GKNT). While Conns sports a Zacks Rank #1 (Strong Buy), Amazon.com and Geeknet carry a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

RADIOSHACK CORP (RSH): Free Stock Analysis Report

CONN'S INC (CONN): Free Stock Analysis Report

AMAZON.COM INC (AMZN): Free Stock Analysis Report

GEEKNET INC (GKNT): Free Stock Analysis Report

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RadioShack (RSH) Catches Eye: Stock Soars 17.6%

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