Speculative Stocks Are Too Cheap, According to Would-Be Acquirers

Speculative Stocks Are Too Cheap, According to Would-Be Acquirers

Stocks continued their 2023 recovery on Friday, with modest gains for the S&P 500 (SNPINDEX: ^GSPC) and Dow Jones Industrial Average (DJINDICES: ^DJI) but another solid performance from the Nasdaq Composite (NASDAQINDEX: ^IXIC). Part of what is giving ordinary investors more confidence is that major institutional investors are starting to step up with proposals to buy out companies that they think look attractive from a valuation standpoint. Indeed, throughout the bear market of 2022, some private-equity and hedge fund investors have been particularly aggressive about snapping up stocks at bargain prices.