The Street.com is looking to Grow

No doubt that the web financial space is heating up. Lot’s at stake in the battle for eyeballs.

Today, TheStreet.com hire a head of Mergers and Acquisitions . I like this move.

TheStreet.com is headed into more lifestyle areas and they have great reader demographics. No better time to get acquisitive than after a huge stock run. If they can make accretive acquisitions, they can build market cap. Right now, they are tied to online advertising growth and with $50 million in sales and a $330 million market cap, I expect them to get busy, fast. They need to grow into that market cap whle the getting is good.

Wallstrip would not be accretive :) but there are many companies I can think of that are.