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Top Tech Pick for 2013: Colin Gillis

This company is "not your father's" version of the website you might think it is, Colin Gillis of BGC Financial Partners said Monday on CNBC.

His top pick for 2013: eBay.

On "Fast Money," Gillis noted that the online auction site has had a strong 2012, and he looked for that to continue.

"It's going to take that momentum, and it's going to continue then to 2013 because the marketplace, that core eBay product that we all know and love, has turned itself around," he said. "It's a brand-new marketplace. It is not your father's Beanie Babies auction site."

Add to eBay's strong performance was its PayPal component, which Gillis said was positioned for the mobile space.

"They're a tremendous leader in mobile," he added.

With a market cap of $65 billion, the company's stock could see another 25 percent move up in 2013.

Gillis said that it might be a good idea to pair it up on the short side with Amazon.

"I do believe eBay will outperform," he said.

Trader disclosure: On Dec. 31, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Fast Money" were owned by the "Fast Money" traders: Steve Grasso is long ASTM; Steve Grasso is long AUO; Steve Grasso is long BA; Steve Grasso is long GDX; Steve Grasso is long LF; Steve Grasso is long LNG; Steve Grasso is long MHY; Steve Grasso is long P; Steve Grasso is long PXD; Steve Grasso is long NVIV; Steve Grasso is long PFE; Steve Grasso is long S; Steve Grasso is funds long C; Steve Grasso is funds long MSFT; Steve Grasso is funds long HPQ; Steve Grasso is funds long ZNGA; Steve Grasso is funds long JPM; Steve Grasso is funds long EBAY; Guy Adami is long C; Guy Adami is long GS; Guy Adami is long INTC; Guy Adami is long AGU; Guy Adami is long MSFT; Guy Adami is long NUE; Guy Adami is long BTU; Brian Kelly is long XLF; Brian Kelly is long QQQ; Brian Kelly is long HONG KONG DOLLAR; Scott Nations is long BAC CALLS; Scott Nations is long BAC; Scott Nations is long C; Scott Nations is long YHOO; Scott Nations is long SPY; Scott Nations is long .VIX; Tim Seymour is long BAC; Tim Seymour is long SBUX; Tim Seymour is long MSFT;

For Colin Gillis:
BGC Financial LP and/or its affiliates, expect to receive, or intend to seek, compensation for investment banking services within the next three months from all of the companies referenced within this report: EBAY, AMZN.


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