Let’s say hypothetically that Ryan Cohen’s statements are completely accurate
Let’s say hypothetically that Ryan Cohen’s statements are completely accurate
His available capital positions him to target companies in the 1B-10B range right now. I filtered through 589 companies with market caps between 1B-10B that traded at TTM P/E ratios of 20 or below. The focus areas are consumer and retail sectors (Macy’s) and (Dillard’s) emerge as compelling options in this space. My pick would be based on brand strength alone. The Macy’s #Gamestop Thanksgiving parade does have a certain appeal to it. Other prospects that fall outside these parameters but could serve as strong expansion plays. (Hasbro) at 12B, currently dealing with significant shareholder pressure. His criteria specified publicly traded targets only, but I’d throw in Collector’s/PSA if private deals were on the table. I’d steer clear of heavy overlap scenarios like (Best Buy) at 13B. There’s no urgency driving this timeline. Any substantial acquisition requires a minimum 6-month runway for initial phases based on deal structure. Following that, expect an additional 6-12 months to secure controlling interest. Anyone following the Gamestop drama lol?
