Robert Peck Offers Five Reasons Why Amazon Should Buy Some RadioShack Stores

Robert Peck of SunTrust Robinson Humphrey commented in a note on Tuesday why Amazon.com AMZN sholid consider buying some of RadioShack's RSH stores and take over the leases. Peck notes that Amazon sholid consider this move for several reasons:
  • No tax law issues.
  • Amazon is already focused on local.
  • Amazon can showcase its products and services and launch new services.
  • Amazon can improve its pickup and distribution.
  • Amazon can benefit from a broader ecosystem lift.
Shares of Amazon are Buy rated with a $370 price target.
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Posted In: NewsAmazonBob PeckradioshackretailRobert PeckSunTrust Robinson Humphrey
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