By Louis Navellier of Investor Place
General Electric (GE) is on the prowl for electrical products companies. As the world's biggest maker of power-plant turbines, GE has a vested interest in the future of power generation in America. That means now is the time to buy out smaller companies with the technology for America's next-generation electrical grid rather than share the spotlight down the road.
We've seen a lot of merger activity in the market now that the economy has stabilized, most recently in the highly publicized Cadbury (CBY)- Kraft (KFT) marriage and previously in buyouts across big pharma during 2009. My hunch is that the electrical products and infrastructure sector is going to see a spate of mergers soon, with GE being the biggest suitor.
Here are the four possible candidates for a GE buyout in the near future, with the biggest potential to profit from this emerging trend.
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