RadioShack Corporation
RadioShack 4th-Quarter Profit Climbs on Lower Costs As
Revenue Slips; Stock Surges Almost 12%. The electronics
retailer said fourth-quarter profit jumped 64 percent,
with lower costs more than offsetting a decline in
revenue and same-store sales. Its products include
wireless telephones and communication devices, such
as scanners and two-way radios; residential telephones,
DVD players, computers, and direct-to-home (DTH)
satellite systems; home entertainment, wireless,
imaging, and computer accessories etc.
Important Statistics:
Return on Equity : 7.80% Market Capital : 3.40 billion
Operating Margin : 3.92% Profit Margin : 0.80%
Price to Book : 5.68
Technical Analysis View
UPTRENDING : RadioShack has been in an uptrend (Higher lows)
since January of 2007. It has been whipsawing the 200 EMA
during 2006 but accelerated higher into 2007 where its
just surged higher on excellent results. Watch for a retracement
to the 50 or 200 EMA. Good business and a great stock with low
margins. Profit target is around $35 which is major resistance level.