FAST MONEY FEATURES
FAST MONEY POLLGet in the post game. Respond to our "Question of the Day" right now.
FULL SHOWSMissed an episode of Fast Money? Watch the lastest show here.
TRADE SCHOOLGrab a pencil because school is in session and the Fast Money traders are teaching class.
FAST MONEY PODCASTSDownload Fast Money onto your MP3 Player.
FAST MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
SHOP FOR FAST MONEY MERCHANDISEGet your game on with Fast Money gear.
FAST MONEY PHOTOS!Check out our scrapbook. These "pix" are guaranteed winners.
NEWSLETTERSign up and receive a recap email every Friday after the show!
FAST MONEY MOBILE ALERTSGet advanced information about the next Fast Money.
Text Size 
 |
Investors are wondering whether technology is about to break out or break down.
The conventional wisdom is that when the economy begins to recover, technology companies will be the first to benefit because early spending will go into IT.
However it’s difficult not to be cautious considering over the last three weeks the sector has climbed a whopping 20%.
| ||
Have the tech titans come too far, too fast? In a word, yes -- at least according to Piper Jaffray analyst Gene Munster.
He tells Fast Money the tech rally is probably going to take a pause. “I think tech firms will either meet or fall slightly below expectations when they report earnings," and that’s not a reason to believe we'll see more aggressive buying in the near term.
However if you’re looking for a play from the long-side Munster does have a suggestion; he likes Yahoo! [YHOO
Loading...
()
] – that’s right Yahoo!
With newspapers going out of business he thinks Yahoo! wins advertising dollars. “Also CEO Carol Bartz has been in there 2 months and she’s a real pit bull,” says Munster. (He means that in the nicest way.) “I think she sells the search business to Microsoft [MSFT
Loading...
()
]. The combination of Yahoo's Asian assets combined with their search business could get the stock to $25. Yahoo! should go higher over the next 6 months,” he tells that traders. Munster has a buy rating on Yahoo stock.
And in case you’re wondering, he also has a buy on Apple [AAPL
Loading...
()
] , Google [GOOG
Loading...
()
], and Amazon [AMZN
Loading...
()
].
You can see our entire interview with Gene Munster at the end of the Word on the Street video to your left.
- Your First Move For Friday November 27th
- Web Extra: Private Equity, Conviction Buy?
- Pops & Drops: Abercrombie & Fitch, Nucor...
- Giving Thanks: Seymour
- Your Questions About... Alcoa & The Dollar
- Best Wishes Regis
- Gartman's Annual Rules For Trading
- Chartology: December Outlook
- Holiday Toy Trades
- Steepest Black Friday Discounts, Revealed
______________________________________________________
Got something to to say? Send us an e-mail at and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send those e-mails to .
Trader disclosure: On Mar. 27th, 2009, 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 (AAPL), (POT), (WMT), (SDS), (GE), (GS); Macke Is Short (BRK.B); Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Seymour Owns (AAPL), (BAC), (FXI), (EEM), (TTM), (RIO), (TSO), (WFC); Finerman's Firm Is Short (IJR), (MDY), (SPY), (USO), (IWM); Finerman's Firm Owns (BAC) Preferred; Finerman's Firm Owns (MSFT); Finerman's Firm Owns (WFC) Preferred; Finerman's Firm Is Short (BPO)
For Gene Munster:
Piper Jaffray Makes A Market In Securities of (AAPL)
Piper Jaffray Makes A Market In Securities of (AMZN)
Piper Jaffray Makes A Market In Securities of (GOOG)
Piper Jaffray Makes A Market In Securities of (YHOO)
Piper Jaffray Makes A Market In Securities of (BIDU)
CNBC.com with wires
Data is a real-time snapshot *Data is delayed at least 15 minutes