GO
Loading...

After Barnes & Noble, Others Seeking 'Alternatives'?

Wednesday, 4 Aug 2010 | 5:44 PM ET

Shares of Barnes and Noble surged this week after the company said it's exploring strategic alternatives including an outright sale.

That led the Fast Money traders and Robert Samuels of Phoenix Partners to speculate which other companies might make a similar move. Samuels present the desk with the following list:

RadioShack

American Eagle

Bebe Stores

Collective Brands

Finish Line

Abercrombie & Fitch

All of the names listed above have had lagging stock prices and "management could be looking for a way to unlock value with a strategic alternative," says Samuels. That doesn't mean they're necessarily up for sale; Samuels says they could do a strategic buy back.

And make no mistake, this is just speculation from the desk, but it's well worth watching. "The Barnes & Noble news sparked a conversation and I think (buyers) are at least taking a look," he adds.

We thought you’d want to know!

Opening Up the Book on Value
A look at the other retailers that are ripe for some strategic alternatives like Barnes & Nobles, with Robert Samuels, Phoenix Partners analyst.




______________________________________________________
Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment, but not have it published on our Web site, send those e-mails to fastmoney@cnbc.com.

Trader disclosure: On Aug 4, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Seymour owns (AAPL), (BAC), (BX), (GOOG), (INTC); Terranova owns (AMZN), (AKAM), (APA), (AGU), (ADBE), (BAX), (BBY), (BMO), (C), (COP), (CVS), (EMC), (FCX), (GOOG), (GS), (JNPR), (JOYG), (KOL), (KR), (MMM), (MOS), (MSFT), (PCP), (PEP), (PFE), (POT), (RIMM), (TER), (SKX), (SU), (UAUA), (WYNN), (XBI); Finerman owns (AAPL); Finerman's firm owns (ARM); Finerman's firm owns (LEA); Finerman & Finerman's firm owns (RIMM); Finerman's firm owns (WMT); Finerman's firm owns (DAN); Finerman's firm is short (IJR); Finerman's firm is short (MDY); Finerman's firm is short (SPY); Finerman's firm is short (IWM); Pete Najarian owns (C); Pete Najarian owns (CTRP); Pete Najarian owns (ALL); Pete Najarian owns (GS); Pete Najarian owns (MGM); Pete Najarian owns (PFE); Pete Najarian owns (RSH); Pete Najarian owns (ETFC)

For Joe Terranova
Terranova is chief market strategist of Virtus Investment Partners, LTD.
Virtus Investment Partners own more than 1% of (ABAX)
Virtus Investment Partners own more than 1% of (ALK)
Virtus Investment Partners own more than 1% of (AMKR)
Virtus Investment Partners own more than 1% of (CASS)
Virtus Investment Partners own more than 1% of (CSVI)
Virtus Investment Partners own more than 1% of (XLY)
Virtus Investment Partners own more than 1% of (XLP)
Virtus Investment Partners own more than 1% of (DRYS)
Virtus Investment Partners own more than 1% of (EXR)
Virtus Investment Partners own more than 1% of (XLI)
Virtus Investment Partners own more than 1% of (IGE)
Virtus Investment Partners own more than 1% of (LDR)
Virtus Investment Partners own more than 1% of (LPHI)
Virtus Investment Partners own more than 1% of (XLB)
Virtus Investment Partners own more than 1% of (MGRC)
Virtus Investment Partners own more than 1% of (NRCI)
Virtus Investment Partners own more than 1% of (DBV)
Virtus Investment Partners own more than 1% of (SUBK)
Virtus Investment Partners own more than 1% of (XLK)
Virtus Investment Partners own more than 1% of (XLU)
Virtus Investment Partners own more than 1% of (WDFC)
Virtus Investment Partners own more than 1% of (YDNT)

For Barry Ritholtz
IntercontinentalExchange (ICE)
Borg Warner (BWA)
Sprint PCS (PCS)
Arch Coal (ACI)
Clean Energy Fuels (CLNE)
American Tower (AMT)
Riverbed Technology (RVBD)
UAL (UAUA)
Southwest (LUV)
Isilon Systems (ISLN)
Citigroup (C)

For Jeffrey Holford
Jefferies expects to receive or intends to seek paid investment banking assignments from Pfizer Inc. and Sanofi-Aventis SA within the next three months.

For Dennis Gartman
***No Disclosures***

For Rob Samuels
***No Disclosures***

For Mike Khouw
***No Disclosures***

CNBC.com with wires.

  Price   Change %Change
AEO
---
ANF
---
BEBE
---
BKS
---
FINL
---
PSS
---
RAND
---

Featured

Contact Fast Money

  • Showtimes

    Halftime Report - Weekdays 12p ET
    Fast Money - Weekdays 5p ET
  • Melissa Lee is the host of CNBC's “Fast Money” and “Options Action.”

  • Scott Wapner is host of the "Fast Money Halftime Report," which airs weekdays from 12 p.m. to 1 p.m. ET.

  • Guy Adami is a contributor on CNBC's "Fast Money." He also is managing director of stockMONSTER.com.

  • Najarian, the "Pit Boss," is cofounder of optionMONSTER.com, a news site for options traders.

  • Finerman is president of Metropolitan Capital Advisors, Inc., a company she co-founded.

  • Founder of EmergingMoney.com

  • Chief Market Strategist for Virtus Investment Partners & CNBC Contributor

Halftime Report