HedgeFundLIVE- In a report last night, Deutsche Bank’s U.S. Equity Strategy team said the M&A cycle has room to run this year and listed their top 50 M&A candidates in the S&P 1500. The list is as follows:
Consumer: ADM, BYD, COCO, LYV, ODP, PHM, RYL, SAH, SPF, WEN
Energy: CEG, DYN, EXH, PVA, VLO
Financials: BAC, C, KEY, MI, PKY, RF, XL, WY
Health Care: AFFX, BSX, CVH, HNT, HUM, WCG
Industrial/Materials: ABFS, BGG, CDI, FSS, GVA, JBLU, LPX, LUV, TEX, UFPI, WPP
Tech/Telecom: AVID, CLGX, CVG, ERTS, IN, S, THQI, TLAB, TTWO, UNTD
As most of you know we always try to stay up to date on potential takeout targets so some of these names seem familiar to be while other’s come as a shock. First I was taken back when I saw BAC and C as potential targets but I guess you have to but a few bold picks out. Although, C and BAC seem extreme some of these names did match up with our lists from the past and they are ADM, ODP, PHM, RYL, DYN, MI, XL, ERTS, and JBLU.COME JOIN OUR BROADCAST MON-FRI 8AM-5PM AT HEDGEFUNDLIVE.COM PICK A CHANNEL AND GET CONNECTED.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.