*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).
AT&T announced a new partnership with Swedish communications company Ericsson.
Hackers accessed the personal data of 6.9 million users via the genetic testing company 23andMe.
Stocks fell after the opening bell on Tuesday morning as signs pointed to another losing session.
Bitcoin is once again having a moment. On Monday, the world's largest cryptocurrency soared past $41,000 for the first time in over a year and a half — and marking a 150% rise so far this year.
Tree farmers are raising prices for Christmas trees.
Analysis shows smaller businesses are hiring more people.
Applying for financial aid for college is a long process but there's a new streamlined application for federal student aid. Mark Kantrowitz, student loan expert, joined Cheddar News to explain the FAFSA form and what kind of changes are expected.
With all of the stress surrounding the holiday season with gift-buying and planning family gatherings, it could be a chaotic time for all members of your family, including pets. Cesar Milan and Michael Ehrman, co-founders of Halo Collar, joined Cheddar News to provide tips on how to keep your pets stress-free for the upcoming holiday season.
Going home for the holidays can be pretty expensive, especially if you're a student. Cheddar News senior reporter Michelle Castillo provided tips on how to save ahead of the holiday season.
Alaska Airlines is buying Hawaiian Airlines, stocks finished at their highest level on Friday and are on the way to concluding 2023 on a positive note as Bitcoin surged. And Spotify is laying off workers, again.
