*By Michael Teich*
Logitech may eye a Turtle Beach acquisition as it turns away from a Plantronics deal.
"Logitech has a great history as far as making very smart M&A transactions," said Tom Forte, a senior research analyst at D.A. Davidson. "I do see a potential longer term for Turtle Beach to be acquired. Logitech is one potential suitor ー Microsoft's ($MSFT) another," he added.
Logitech ($LOGI) was in talks to acquire headphone-maker Plantronics ($PLT) for a reported $2.2 billion, but the companies eventually terminated those discussions. Forte, praising Logitech's M&A history, said the failed deal was likely the result of an unattractive valuation.
"They clearly maybe stepped away because the price wasn't right, or something of that nature."
The holiday shopping season is a lucrative time for retailers, but some are better-positioned than others to emerge as victors.
Despite Turtle Beach's latest 630 percent surge in its stock price, Forte is certain its claim to fame, "Fortnite," is not just a fad that will suffer the same fate as "Pokemon Go."
That's why Turtle Beach ($HEAR) is his top stock pick heading into the holidays.
But the threat from big tech in the gaming business still looms.
"If you want to talk about gaming and cloud you have to talk about Amazon ($AMZN). They talk about cloud in crowd with the popularity of games and their ability to host those games on their cloud computing effort," Forte said.
For full interview [click here](https://cheddar.com/videos/top-stocks-to-benefit-from-holiday-sales-surge).
The union representing Southwest Airlines pilots says it reached a new contract agreement in principle with the airline following three years of negotiations.
U.S. Bank has been hit with a $36 million fine for freezing debit cards that distributed unemployment benefits during the pandemic.
Construction of new homes rose by double digits in November, according to data from the Commerce Department.
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Stocks opened lower after the opening bell and on track for its first decline in 10 days after a recent winning streak.
Tesla drivers in the U.S. were in more accidents than drivers of any other car brand this year, according to a study.
The promise of self-checkout was alluring: Customers could avoid long lines by scanning and bagging their own items, workers could be freed of doing those monotonous tasks themselves and retailers could save on labor costs.
Monsanto was ordered to pay $857 million to students and parent volunteers at a Washington school.
A federal judge has struck down hundreds of lawsuits filed against the makers of Tylenol and generic acetaminophen.
California regulators are preparing to vote on new rules for turning recycled wastewater into drinking water.
