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On Monday afternoon, Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on FOX Business' "Varney & Co."to talk about the future of Google (Nasdaq: GOOG) stock.
Rumor has it that Google wants to buy Twitch, a service that allows gamers to stream game play online, for $1 billion. Twitch is currently the fourth-largest source of traffic on the Web.
The move would bring Twitch's 45 million monthly users to YouTube, which Google acquired in 2006. It also brings further speculation that Google may break up into separate, smaller companies.
Here's what Fitz-Gerald "believes very strongly" a corporate breakup would do to GOOG stock – and where the true value lays for investors:
NEXT: If enough Main Street investors learn to spot and use these three rules, Wall Street will find itself at our mercy. And what a day that will be. Let's examine each of the three, starting with the basic building block: jobs...