February 21st - Anti-Competitive Mergers
Cramer's first segment looked at the Sirius and XM merger and used that to focus on other companies who could merge even with a similar anti-competitive deal.
His top 10 anti-competitive mergers possibilities were:
Kroger Co. (KR) Closing Price: $26.47 and Safeway Inc. (SWY) Closing Price: $36.96
Quest Diagnostics Inc. (DGX) Closing Price: $52.42 and Laboratory Corp. of America Holdings (LH) Closing Price: $80.06
Carnival Corp. (CCL) Closing Price: $48.66 and Royal Caribbean Cruises Ltd. (RCL) Closing Price: $40.73
Office Depot, Inc. (ODP) Closing Price: $35.72 and OfficeMax Inc. (OMX) Closing Price: $53.27
Cardinal Health Inc. (CAH) Closing Price: $72.36 and McKesson Corp. (MCK) Closing Price: $57.44
BP plc (BP) Closing Price: $61.50 and Chevron Corp. (CVX) Closing Price: $69.94
Lockheed Martin Corp. (LMT) Closing Price: $102.55 and Northrop Grumman Corp. (NOC) Closing Price: $75.29
Comcast Corp. (CMCSA) Closing Price: $41.69 and Time Warner Inc. (TWX) Closing Price: $21.65
Gannett Co., Inc. (GCI) Closing Price: $62.95 and McClatchy Co. (MNI) Closing Price: $38.08
CSX Corp. (CSX) Closing Price: $40.87 and Union Pacific Corp. (UNP) Closing Price: $104.31
Not the type of show that invokes a lot of after hours buying typically, and the prices and size of most of these stocks make it a rather boring show from a shorting perspective.
Comments on "February 21st - Anti-Competitive Mergers"
Things look like they might be picking up w/speculative plays.
For sure. With today's picks and speculation Friday tomorrow there could be consecutive days of opportunities for the first time in a while!