Known for its massive entertainment offerings, Walt Disney has recently become a magic kingdom for investors.
Disney shares are trading at all-time highs, with the stock up 32 percent in the past six months alone, tops among all components. A key part of that success has been the skillful acquisitions under CEO & Chairman Bob Iger. Under his watch, Disney has purchased Pixar, Marvel and Lucas FIlms.
In an interview with CNBC last week, Iger said he "wouldn't rule out" future acquisitions, saying he would be interested in buying high-quality branded content companies, citing "Marvel, Lucas, Pixar as good examples." Additionally, he would also look to add technology to beef up its competitive edge, as well companies that increase its global footprint.
That got the "Fast Money" gang thinking, and they offered up what they thought could be a perfect match for Disney. Some of those names include Sony, Electronic Arts, Discovery Communications and Lions Gate.
Tim Seymour of Triogem Asset Management said it could benefit from Sony's distribution, content and gadget unit. "They already have a history of working together, why not make the full splash," said Seymour.
Pete Najarian of Trade Monster noted several synergies with Electronic Arts. The gaming company's cross licensing and margins would align with Disney's push into technology.
Karen Finerman of Metropolitan Capital said Discovery would complement Disney's interest in branded content. "Discovery Channel, Animal Planet—those are names you could see synergies stick with some of its properties," according to Finerman.
Guy Adami of Private Advisor Group said Lions Gate makes sense in terms of distribution, content and valuation.
Disney is set to report earnings on Tuesday after the bell.