Today (Monday), Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on FOX Business' "Varney & Co.," where he lent expert insight on the latest move by digital media giant Yahoo! Inc. (Nasdaq: YHOO).
On Friday, Yahoo acquired Evntlive, a concert-streaming startup that was co-founded by former Cisco Systems Inc. (Nasdaq: CSCO) Chief Technology Officer Judy Estrin.
This is the second online video-related acquisition in a row for Chief Executive Officer Marissa Mayer and Yahoo, which announced it acquired mobile-video startup Ptch earlier last week.
Host Stuart Varney asks Fitz-Gerald, "What do you think of Yahoo? It seems to me Marissa Mayer has totally transformed this company...?"
Anyone investing in tech and YHOO stock needs to hear his answer:
Forget the packed malls and shopping centers; the really great December deals are on Wall Street...