5 Takeover Targets to Buy Before Wall Street Finds Out
Snap-On
The last takeover target we're looking at is toolmaker Snap-On (SNA). Snap-On is having a good 2012. So far this year, shares of the firm have rallied more than 44%. But there's still considerable value that can still be unlocked from shares right now, and other companies know it.
Snap-On's target market is the professionals. It sells its tools and diagnostic equipment primarily to techs who work on cars, trucks, planes or other machines. That pro image carries over to the retail market too, though. So-called "prosumers" want to use the same tools that the pros use, and ultimately Snap-On has a big untapped market to in the retail space.
Despite some modest advertising to consumers, the firm's bread and butter remains the professional market. A fleet of 3,200 franchised vans sell and deliver tools directly to repair shops across the U.S. That control of the product from manufacture to delivery gives SNA precision control over its costs that outsourcing rivals don't have. While the firm's balance sheet is more leveraged than most of the other names on this list, Snap-On's still in decent financial shape, especially when compared to peers. A potential suitor could unlock significant value in making a bigger retail presence from what's already a valuable brand. To see these takeover names in action, check out Takeover Targets Q4 2012 Portfolio on Stockpickr. -- Written by Jonas Elmerraji in Baltimore.Follow Stockpickr on Twitter and become a fan on Facebook.
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
