These 3 Stocks Are Potential Buyout Targets
Heating, ventilation, and air conditioning (HVAC) company AAON (NASDAQ: AAON), bioprocess engineering products company Repligen (NASDAQ: RGEN), and machine vision company Cognex (NASDAQ: CGNX) are vastly different companies. But they have one thing in common: They're all highly attractive strategic assets operating within growth industries. Let's take a look at why they could be a good fit for larger companies looking to make acquisitions.
The HVAC industry has seen a remarkable amount of restructuring in recent years, and the leading U.S. players are all better placed to start consolidating. Where Johnson Controls (NYSE: JCI), Trane Technologies (NYSE: TT), and Carrier (NYSE: CARR) were previously part of much larger industrial companies, they've now been freed in order to focus on their core HVAC market.
These companies could be acquisition targets in the future. Image source: Getty Images.
Source Fool.com
