by Fred Fuld III
I’m sure all of you have heard the news that Elon Musk is buying Twitter (TWTR) for $44 billion at $54.20 per share. What some investors are wondering is if there are any other companies that may be bought out.
Twitter falls into the category of Internet Content & Information. Obviously, some of these stocks are extremely large and unlikely to be bought by anyone or any company. But anything is possible. Plus, with the stock market in general, some of these companies might be reaching a favorable buy range.
The following companies are all Internet Content & Information companies, all are profitable with all but one having price to earnings ratios less than 40, all have sales growth over the last five years in excess of 5%, and all have earnings per share growth this year of over 10%.
Company | Symbol | Market Cap | P/E |
Meta Platforms, Inc. | FB | 552.56B | 13.56 |
Gaia, Inc. | GAIA | 111.99M | 28.78 |
Alphabet Inc. | GOOGL | 1742.60B | 21.93 |
Pinterest, Inc. | PINS | 14.23B | 39.14 |
Shutterstock, Inc. | SSTK | 2.94B | 31.57 |
Yelp Inc. | YELP | 2.57B | 67.07 |
Keep an eye on these companies during the next few weeks.
Disclosure: Author didn’t own any of the above at the time the article was written.