What happened Shares of Hilton Grand Vacations (NYSE: HGV) jumped as much as 12.4% after rumors swirled about a potential buyout. At 12:45 p.m. EDT, the stock remained up 10.4% on the day. So what According to The New York Post, Apollo Global, one of the world's largest private equity firms, is interested in buying Hilton Grand Vacations to pair it with the previously acquired timeshare company Diamond Resorts. Hilton Grand Vacations is reportedly being given the option of a full buyout, a merger to remain public, or a tender offer from Apollo. Image source: Getty Images. Since this is just speculation at the moment, we have no idea what the terms would be, but the $36 price per share has been rumored. That would still be a solid premium to the $31-per-share range at which the stock is trading as I write. Now what Speculating on buyouts is never a great bet for retail investors because a deal can go south and a stock can drop quickly. That's why I wouldn't dive in today into the stock today. But investors who own the stock can keep an eye out for an Apollo buyout moving forward and have less worry about buying at a premium. Ultimately, the investment thesis hasn't changed at all today -- there's just a premium on the stock for a buyout that hasn't yet happened. 10 stocks we like better than Hilton Grand Vacations Inc.When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has quadrupled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Hilton Grand Vacations Inc. wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 1, 2019 Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source