You know what we need? Some tech takeovers. There are so many darned companies in the food chain that we can't keep up with them.
But it seems that everyone's jammed. For example, right now the greatest acquirer in the tech world is none other than Broadcom (AVGO) but it has been boxed into corner trying to get this Brocade Communications (BRCD) deal done. Broadcom -- a holding in may charitable trust, Action Alerts PLUS -- had been the great consolidator, trying to get some scale that would make it so it could be a huge factor when it came to anyone doing any communications of any kind.
Now, it's just on hold.
There's Qualcomm (QCOM) trying to buy NXP Semiconductors (NXPI) . Talk about stalled, though. Qualcomm wants the company for $110. Its stock sells for $116.90. That's because NXP sold itself when the cohort was down on its luck. Now we are telling Action Alerts PLUS subscribers not to tender because we think a higher bid is coming. Nothing's been happening tough. Nothing at all.
Analog Devices (ADI) bought Linear Tech and that proved to be a fantastic deal but they don't need to do anything else for now.
Nvidia (NVDA) doesn't need to do a thing.
But nothing's happening.
So we wait, and wait and wait.
And wait some more.