*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).
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The plans would include nearly 20,000 homes initially for 50,000 residents and could grow to 400,000 people.
In an annual assessment of global inequalities, Oxfam International said the first trillionaire could emerge within the next decade — as the anti-poverty organization pointed to the growing wealth gap that skyrocketed globally during the pandemic.
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After Donald Trump's victory at the Iowa caucus, Nikki Haley and DeSantis continue their campaigns as New Hampshire's primary looms.
