5 Best M&A Target Stocks to Buy Now

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1. SBA Communications Corporation (NASDAQ:SBAC)

Short Percentage of Float: 3.27%

SBA Communications Corporation (NASDAQ:SBAC) is one of the best M&A target stocks to buy now.

SBA Communications Corporation (NASDAQ:SBAC) became a fresh M&A candidate after Reuters reported on April 2 that the wireless tower operator was exploring options, including a potential sale, after receiving preliminary takeover interest. The report, which cited Bloomberg News, said the company’s shares rose 14% in afternoon trading after the potential-sale angle became public. Reuters also noted that SBA had a market value of $18.15 billion as of the prior close, making it a large but still plausible infrastructure deal candidate.

The appeal is straightforward: SBA owns and operates wireless communications infrastructure, a type of asset that can attract infrastructure funds and strategic buyers because of long-term leasing demand from mobile carriers. The company generates revenue from two main businesses, site leasing and site development services, and describes itself as a leading owner and operator of wireless communications infrastructure across the Americas and Africa.

SBA Communications Corporation (NASDAQ:SBAC) is a real estate investment trust that owns and operates wireless infrastructure, including towers and related communications sites, serving wireless service providers across multiple markets.

While we acknowledge the potential of SBAC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SBAC and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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