
Growth stocks have fallen out of favor over the last few months amid expectations for tighter Federal Reserve policy. With some stocks having fallen 70% or 80% from their highs, Ritholtz Wealth Management's Josh Brown expects to see more acquisitions in the near term.
"We just witnessed a massive deal with Microsoft Corporation (NASDAQ:MSFT) buying Activision Blizzard, Inc. (NASDAQ:ATVI)," Brown said Friday on CNBC's "Fast Money Halftime Report." "If you think that's the last one we're going to see in Q1 with the Nasdaq down 19%, I think you'd be wrong there."