I don’t agree, counters Pete Najarian. The only complaint I have about migrating from BlackBerry to iPhone is cost and that’s coming down. If you’re looking for trades, keep an eye on Akamai Technologies (AKAM); they provide the software for digital downloads and could prosper in this situation. Also watch AT&T (T), Cisco (CSCO) and Juniper (JNPR) for infrastructure build out. And there’s always Apple which I think is a buy, he counsels.
I also like Apple, adds Guy Adami. Understand that you could have moves to the downside, but around $120 it’s probably a buy.
Your other trade is Research In Motion on a dip, adds Macke.
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Trader disclosure: On Mar. 5, 2008, 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), (INTC); Najarian Owns (AAPL), (BIIB), (C), (CSCO), (MS), (MSFT), (XLF); Najarian Owns (YHOO) And (YHOO) Calls; Najarian Owns (COP), Calls(AKAM) Calls; Finerman Owns (GS); Finerman's Firm And Finerman Own (KALU); Finerman's Firm Owns (AAPL), (BJS), (MSFT), (SKS), (TSO), (WMT); Finerman's Firm And Finerman Own (CROX); Finerman's Firm Owns (YHOO) And (YHOO) Call Spreads; Finerman's Firm Is Short (GLD), (IYR), (MDY), (SPY), (IWM), (IJR); Finerman's Firm Is Short (LEH) And Owns (LEH) Puts