Still Some Earnings out There
If it weren't for Apple (AAPL), this would be a dull start to the week for most traders. IBM (IBM) provided a nice little surprise with its buy of Kenexa (KNXA) this morning, which was one that caught my eye early in May as a takeover candidate.
I will say I have not had much luck with takeover plays over the years, so it is nice to book one. But Tim Melvin has been much better at that game than I. I will still look for names I think would make good acquisitions, but just like KNXA they will generally be a small portion of the portfolio. In other words, they aren't generally going to be needle movers....608 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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