Two financial stocks should be on investors' radar screens, Stuart Frankel's Steve Grasso said Tuesday on CNBC.
While JPMorgan was the best bank to own, Goldman Sachs was one to watch; if it holds its $118-per-share level, looking to hit $130.
"Technically the setup here, either JPMorgan or Goldman Sachs," he said on "Fast Money."
Bank of America, however, appeared over-owned, Grasso added.
"Goldman looks like if it can peek its head above the near-term trend line, it goes a lot higher," said Mike Murphy of Rosecliff Capital.
Bank of America, he added, was "way, way, way overbought."
Joe Terranova of Virtus Investment Partners said financials – the second-best performing S&P 500 sector in 2012 – also looked good for the longer term.
"I think financials are one of the leading sectors in 2013," he said. "You don't move away from it, whether it's Goldman Sachs, Morgan Stanley or JPMorgan. You actually invest more in it and trade less."
Stephen Weiss of Short Hills Capital said that the sector's fundamentals looked strong and he wasn't taking any off the table.
"I think it continues to go higher," he said.
Trader disclosure: On Dec. 11, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Fast Money" were owned by the "Fast Money" traders: Stephen Weiss is long AIG; Stephen Weiss is long BAC; Stephen Weiss is long JPM; Stephen Weiss is long QCOM; Joe Terranova is long VRTS; Joe Terranova is long TJX; Joe Terranova is long YUM; Joe Terranova is long AAPL; Joe Terranova is long SWN; Joe Terranova is long GLW; Joe Terranova is long DELL; Joe Terranova is long VZ; Joe Terranova is long XOM; Josh Brown is long AAPL; Josh Brown is long WFC; Josh Brown is long GDX; Josh Brown is long GLD; Josh Brown is long XLU; Josh Brown is long TLT; Josh Brown is long WMT; Josh Brown is long TGT; Mike Murphy is long AAPL; Mike Murphy is long CSX; Mike Murphy is long DIS; Mike Murphy is long EBAY; Mike Murphy is long V; Mike Murphy is long CMI; Mike Murphy is long YUM; Mike Murphy is long SDS; Mike Murphy is long HD; Mike Murphy is short ITW.
