Today (Monday), Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on FOX Business' "Varney & Co." to answer the question, "Will Twitter Stock Be a Buy?"
In its Thursday initial public offering (IPO) filing, Twitter disclosed it made $47.5 million from selling off user data to companies working in analytics.
But does this IPO detail win over Fitz-Gerald on Twitter's profitability for investors?
Watch the video as Fitz-Gerald explains what makes - or breaks - the Twitter IPO for investors:
function gaFunc() { _gaq.push(['_trackEvent', 'Video','Play', '20131007_KFG-Varney-Web1 - Will Twitter Stock Be a Buy']); wistiaEmbed.unbind("play", gaFunc); } wistiaEmbed.bind("play", gaFunc); wistiaEmbed.bind("end", function () { _gaq.push(['_trackEvent', 'Video','Complete', '20131007_KFG-Varney-Web1 - Will Twitter Stock Be a Buy']); });
Make sure to check out how social media companies make money - a need-to-know piece for any serious social media investor.