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Google stock is one of our favorite tech plays. It got even better with the Feb. 23 announcement that Google will purchase the mobile payment company Softcard (formerly known as Isis).
Essentially, the search engine company is buying Softcard's technology to use as Google Wallet.
The purchase also guarantees pre-installment of Google Wallet on all Verizon Communication Inc. (NYSE: VZ), T-Mobile US Inc. (NYSE: PCS), and AT&T Inc. (NYSE: T) Android phones in the United States starting later this year.