Even we’re impressed!

Article Excerpt

Our stock recommendations seem to attract way more than an average number of takeover bids. We think this is because we zero in on a company’s earnings potential, rather than basing decisions on predictions for next year’s earnings. Corporate buyers and big investors usually see things the same way. Many investors tell us that until they began following our advice, they never had the pleasure of watching a stock they own jump 25% in a few days, due to takeover news. Though we’re used to takeovers, December was a record-setter. Three of our long-term buys jumped on takeover news: DEL MONTE FOODS CO. $19 (New York symbol DLM) has accepted a $19.00-a-share takeover offer from a private investor group. It has till January 8 to find a better offer. Otherwise, the deal should close in March 2011. Del Monte is a hold. VERIGY INC. $13 (Nasdaq symbol VRGY) has received an unsolicited offer of $12.15 a share, but higher offers are a possibility…

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