Top Buyout Candidates for M&A Revival: 4 Stocks to Watch
Companies have become hesitant to make acquisitions due to higher financing costs and lower expected earnings from deals. However, the challenges for the mergers-and-acquisitions environment should abate later in the year, unlocking more deals. Macy's, Doordash, and other stocks could be potential buyout candidates when M&A returns. Total deal value in the U.S. for the first quarter of 2023 was $257 billion, down 38% from the first quarter of last year.