" would reach out to the venture capitalists that still own a lot of Fitbit (FIT) and I would go to CEO James Park and say we are going to make you an offer you can't refuse. That way, Apple would own the high-end smart watch with its current offering and the lower end health and wellness brand, with Fitbit. I believe Fitbit will be the way that companies lower their insurance bills, and it will be a staple of the enterprise. This one you would have to overpay for, perhaps as much as $8 billion, but Apple needs to own this category as its current offering doesn't measure up yet."
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.