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Fortune
Fortune
Sheryl Estrada

Goldman Sachs says there are 116 stocks, including Nvidia and FedEx, that are vulnerable to an activist attack. See the full list

Chart shows the list of largest Russell 3000 stocks vulnerable to shareholder activism

It’s expected to be an active proxy season, but some major companies are more at risk for activist encounters than others.

Goldman Sachs analysts have conducted research that delves into better understanding how activist investors seek to create value through fundamental changes at a company. The new report examines 2,142 shareholder activism campaigns launched since 2006 with a corporate valuation demand against Russell 3000 companies.

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