Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES

FAST MONEY FEATURES

PollFast Money PollsFAST MONEY POLL
Get in the post game.  Respond to our "Question of the Day" right now.




Full ShowFull ShowFULL SHOWS
Missed an episode of Fast Money?  Watch the lastest show here.




Trade SchoolTRADE SCHOOL
Grab a pencil because school is in session and the Fast Money traders are teaching class.



PodcastFM PodcastsFAST MONEY PODCASTS
Download Fast Money onto your MP3 Player.




FM WIDGETFAST MONEY WIDGET
Grab this all-in-one application and get recaps of the show sent right to your desktop or blog.




ShopSHOP FOR FAST MONEY MERCHANDISE
Get your game on with Fast Money gear.




Wanna See Our PhotosFAST MONEY PHOTOS!
Check out our scrapbook.  These "pix" are guaranteed winners.




SignupNewsletterNEWSLETTER
Sign up and receive a recap email every Friday after the show!





FM Mobile AlertFAST MONEY MOBILE ALERTS
Get advanced information about the next Fast Money.



Fast Money HomeFast Money Rapid RecapAbout Fast MoneyFast Money BiosFast Money Web ExtraFast Money Disclaimer
Text Size
Dec.21
7:08 PM ET
Friday, 21 Dec 2007
Stick with Tech

It was the once risky sector that became a virtual safe-haven from the credit crunch. But will tech top them all in '08?

Forbes Managing Editor Dennis Kneale joins the panel for this conversation. Following is a synopsis of his main points.

Tech stocks have been performing well until last week, explains Kneale. Investors are worried that weakness in the financials will drag down tech, but for traders technology is so important I just don’t think that will happen.

He adds, in the first half of the year the economy will probably be slow in the US, but companies will still have to invest in tech. And developing markets need tech. So I think the sector will be strong in ’08.

Pete Najarian agrees, however he warns investors to stay away from chip stocks.

Tim Seymour likes Taiwan Semiconductor [TSM  Loading...      ()   ], Lenovo  [LNVGY  Loading...      ()   ]Hutchinson Technology Inc. [HTCH  Loading...      ()   ], and Satyam Computers [SAY  Loading...      ()   ](SAY) in India.

Although Karen Finerman doesn’t follow tech closely she likes Microsoft [MSFT  Loading...      ()   ] and reveals she’s long MSFT options.

Jeff Macke adds that if you can only play one stock, make it MSFT.

______________________________________________________
Got something to say? Send us an e-mail at and your comment might be posted on the Rapid Recap! Prefer to keep it between us? You can still send questions and comments to .

Trader disclosure: On Dec. 21, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (YHOO), (EMC), (ATVI), (INTC); Finerman's Firm Owns (YHOO), (GS); Finerman's Firm Is Short (IYR), (IJR), (IWM), (SPY); Finerman's Firm Owns (MDY) Puts; Finerman's Firm Is Short (LEH) And Owns (LEH) Puts; Finerman's Firm Owns S&P 500 Puts; Finerman's Firm Owns Russell 2000 Puts And Is Short The Russell 2000; Finerman's Firm Owns (MBI) Puts; Najarian Owns (C), (ETFC), (MS), (MSFT); Najarian Owns (YHOO) Options, (ANR) Options, (EMC) Options; Seymour Owns (AAPL), (BLK), (CFC), (INTC), (MER), (MSFT), (YHOO); Seygem Asset Management Owns (MOS), (EEM)


Tools:
PrintEmailAdd This share icon
Next Post
  • digg share
ADD COMMENTS
Remaining characters


Current DateTime: 02:07:18 27 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 01:04:06 27 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 01:06:02 27 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 01:06:02 27 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters