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Friday, May 20, 2011

Great Takeover Value (NYSE: PSS)

Shares of PSS fell by 5.07% or $-0.97/share to $18.16. Collective Brands, Inc. is trading at a price to book ratio of 1.43. The PEG is 0.94 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.35. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 990024 shares of PSS exchange hands on a given day and today's volume is recorded at 405881. These factors combined make this company a prime takeover candidate. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.

Collective Brands, Inc. (Collective Brands) operates a hybrid business model that includes retail, wholesale, licensing, digital commerce and franchising businesses.