This morning (Tuesday), Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on FOX Business' "Varney & Co." to discuss whether Netflix (Nasdaq: NFLX) and Twitter (NYSE: TWTR) stock are buys for investors.
- Netflix Inc. (Nasdaq: NFLX) stock is sitting at a pricey $436.85 a share. Despite the premium, Fitz-Gerald is a big fan of the company's business model and its push for original content. In fact, Fitz-Gerald shocks host Stuart Varney with where he believes Netflix is headed next.
- Almost 9.9 million shares of "insider" Twitter Inc. (NYSE: TWTR) stock, valued around $565 million, was set free on Saturday, allowing non-executive employees to unload should they choose. Fitz-Gerald foresees a major problem with Twitter stock's future supply-and-demand - watch the video to find out what action he suggests investors take immediately:
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