Consumer Electronics Market: Analyst Coverage of RadioShack and Sirius
NEW YORK, Jan. 27, 2014 /PRNewswire/ -- The global consumer electronics market experienced steady growth at a CAGR (compound annual growth rate) of 3% from 2008-12. It is expect that by 2017, the global consumer electronics market is forecast to have revenues of $381.6 billion, representing an increase of 29.4% since 2012. Many companies are expected to benefit from the continued increase of revenues. Two companies stand out in this market that are undervalued and expected to increase in PPS in the future.
RadioShack Corporation (NYSE: RSH) is engaged in the retail sale of consumer electronics goods and services through its RadioShack store chain. The company operates in two segments, U.S. RadioShack company-operated stores and Target Mobile centers. As of January 17, 2014, it operated approximately 4,300 company-operated stores in the United States; 270 company-operated stores in Mexico; and 1,000 dealer and other outlets worldwide. Recent trends in the online shopping will enhance the company's sales and margins. Interactive online shopping is increasingly being preferred over traditional shopping by consumers who have become more vigilant about spending money.
An absolutely free and comprehensive analyst report which entails key features of the industry background, operating history, revenue growth opportunities, analyst summary can be viewed in its entirety with analyst recommendation and price target here: http://bit.ly/AnalystReportRSH copy and paste to browser may be required
Sirius XM Holdings Inc. (NASDAQ: SIRI) provides satellite radio services in the United States and Canada. The company creates and broadcasts commercial-free music; sports talk and live events; comedy; news; exclusive talk and entertainment; and the comprehensive Latin music, sports, and talk programming in radio. The company's satellite radios are primarily distributed through automakers and retailers, as well as through its Website. As of November 19, 2013, it had approximately 25.6 million subscribers. The company's increased focus on offering Spanish radio channels and the growing population of Hispanics will provide it an opportunity to attract more customers and increase its market share in coming years.
A free and comprehensive analyst report which entails key features of the industry background, operating history, revenue growth opportunities, analyst summary can be viewed in its entirety with analyst recommendation and price target here: http://bit.ly/AnalystReportSIRI copy and paste to browser may be required
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