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Yahoo (Nasdaq: YHOO) stock has climbed more than 28% in the past three months and is up 97% year to date. Now the tech company is planning to acquire a startup that helps people exchange pictures and downloads.
Since Marissa Mayer took over as Yahoo's chief executive officer in 2012, the company has made more than 20 acquisitions, mostly startups.
Mayer's acquisition strategy seems to be paying off for Yahoo, but does that mean YHOO stock is a good "Buy" today?
Money Morning's Chief Investment Strategist Keith Fitz-Gerald joined FOX Business' "Varney & Co." today (Wednesday) to discuss if there's real value in owning Yahoo (YHOO) stock right now.
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