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.
Source Fool.com