44 stocks on takeover target

作者:gugeren
发表时间:
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44 stocks on takeover target radar

http://blogs.marketwatch.com/thetell/2014/03/24/44-stocks-on-takeover-target-radar-morgan-stanley/


It used several factors in the screen:

Dividend yield: Lower yields imply higher offer probabilities.
Price-to-book ratio: Cheaper stocks have a higher offer likelihood.
Debt-to-asset ratio: Higher leverage means an offer is more likely.
Market cap rank: Smaller caps have higher offer probabilities, mega-caps, less likely.
Sector: Healthcare companies are more attractive targets than industrials.
Liquidity: High trading volume relative to market cap (market caps over $2 billion with average daily trading volumes of $1.6 billion over the past 90 days). Morgan Stanley said the inclusion of this factor boosted the presence of technology stocks on the list. Indeed, recent reports have forecast that 2014 will be a big year for tech acquisitions.

Energy
Newfield Exploration (NFX +1.84%), $4.1 billion cap
Sandridge Energy (SD +2.28%), $3.1 billion cap
Tidewater (TDW +0.31%), $2.3 billion cap 

Materials
Cliffs Natural Resources (CLF +1.42%), $3 billion cap
Axiall (AXLL -1.66%), $3.1 billion cap
Domtar (UFS +0.67%), $3.4 billion cap
Royal Gold (RGLD +0.44%), $4.2 billion cap 

Consumer Discretionary
Sinclair Broadcast Group (SBGI +0.42%), $2.6 billion cap
Wendy's (WEN +1.58%), $3.3 billion cap
Tempur Sealy International (TPX +1.74%), $3 billion cap
Brinker International (EAT +0.85%), $3.5 billion cap
Bally Technologies (BYI +1.71%), $2.5 billion cap
DreamWorks Animation (DWA -0.19%), $2.2 billion cap
J.C. Penney (JCP -1.56%), $2.6 billion cap
American Eagle Outfitters (AEO +1.65%), $2.5 billion cap 

Consumer Staples
Ingredion (INGR +0.07%), $5 billion cap
Hain Celestial Group (HAIN -0.80%), $4.6 billion cap
Hillshire Brands (HSH +0.57%), $4.6 billion cap
Whitewave Food (WWAV +2.35%), $5 billion cap 

Health care
Celgene (CELG -2.06%), $57.8 billion cap
Express Scripts Holding (ESRX +0.35%), $58.7 billion cap
WellPoint (WLP +1.73%), $28.5 billion cap
Regeneron Pharmaceuticals (REGN -3.77%), $31 billion cap
Alexion Pharmaceuticals (ALXN -1.11%), $29.9 billion cap
Aetna (AET +0.94%), $27 billion cap
Cigna (CI +2.48%), $21.9 billion cap
Becton Dickinson (BDX +0.35%), $21.9 billion cap
Cerner (CERN -0.71%), $19.8 billion cap

Financials
Nationstar Mortgage Holdings (NSM -0.67%), $2.7 billion cap 

Tech
Brocade Communications Systems (BRCD +0.10%), $4.4 billion cap
On Semiconductor (ONNN +0.88%), $4.1 billion cap
Tibco Software (TIBX -0.40%), $3.4 billion cap
SunPower (SPWR -0.23%), $3.9 billion cap
Ingram Micro (IM +0.91%), $4.5 billion cap
Jabil Circuit (JBL +0.74%), $3.7 billion cap
SunEdison (SUNE +2.22%), $5.3 billion cap
Teradyne (TER +0.72%), $3.9 billion cap
Arris Group (ARRS -1.78%), $4 billion cap
NeuStar (NSR -2.69%), $2.1 billion cap 

Telecom
Crown Castle International (CCI -0.76%), $24.7 billion cap 
SBA Communications (SBAC -1.08%), $11.7 billion cap
Level 3 Communications (LVLT +0.79%), $9 billion cap 
Windstream Holdings (WIN +2.24%), $5 billion cap 
Frontier Communications (FTR +1.44%), $5.4 billion cap