If IBM Beats, This Stock a Buy: Pro Trader

Tuesday, 17 Apr 2012 | 1:39 PM ET

With three major tech titans reporting earnings on Tuesday after the bell, trader Simon Bakers tells us to watch IBM.

“If IBM does well I’d own Computer Associates,” he says. “Computer Associates is like a mini-IBM. It pays a 4% dividend but it has better quality operating margins and higher profitability.”

Tech Earnings Trifecta: IBM, Intel & Yahoo
The FMHR traders break down three tech trades ahead of earnings, and Eric Jackson, Ironfire Capital founder, shares perspective on Yahoo's turnaround plan and explains why he "hates" Google.

Vote to see results
Total Votes:

Not a Scientific Survey. Results may not total 100% due to rounding.

Trader Josh Brown adds that if IBM beats the trade is long IBM. “There’s very little not to like about IBM,” he says.

And Brown also says, if you’re looking at Intel , which also reports after the bell, why not look at Qualcomm. “Intel may be trying to get bigger in wireless but Qualcomm is already there. And they’re in tablets. I think the stock has more upside."

Trader Pete Najarian thinks the trade is long Intel. “I’ve been in Intel around $20 and I continue to believe in the story. I like the valuation, dividend yield, and I don’t think the PC industry is completely dead. I think it gets to $35.”

What do you think? We want to know!

Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com 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 Web site, send those e-mails to fastmoney@cnbc.com.

Trader disclosure: On April 17, 2012 , the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Pete Najarian is long AAPL; Pete Najarian is long BAC CALLS; Pete Najarian is long C; Pete Najarian is long C CALLS; Pete Najarian is long JPM CALLS; Pete Najarian is long MS; Pete Najarian is long NFLX CALLS; Pete Najarian is long INTC; Pete Najarian is long YHOO; Pete Najarian is long SBUX CALLS; Pete Najarian is long COP; Pete Najarian is long PEP; Steve Cortes is long PPH; Steve Cortes is long SO; Steve Cortes is long RGR; Steve Cortes is long MO; Steve Cortes is long SVU; Steve Cortes is long WMT; Steve Cortes is long IWM VS. S&P SHORT; Steve Cortes is long FXI VS. S&P SHORT; Steve Cortes is short AUD/JPY; Steve Cortes is short EUR/JPY; Josh Brown is long JPM; Josh Brown is long COP; Josh Brown is long GLP; Josh Brown is long XLU; Josh Brown is long EMC; Dan Dicker is long SLB; Dan Dicker is long BHI

For Eric Jackson
Eric Jackson is long YHOO
Eric Jackson is long AAPL

For Andy Busch
Nothing to disclose

For Doug Sipkin
SFG is a market maker in the securities of Goldman Sachs Group Inc. (GS).
SFG and/or its affiliates beneficially own 1% or more of the securities of Goldman Sachs Group Inc. (GS).
Susquehanna International Group, LLP (SIG) is comprised of a number of trading and investment related entities under common control, including Susquehanna Financial Group, LLLP (SFG). SIG, its affiliates and/or its principals may have long or short positions in securities or related issues mentioned here. SIG, in its capacity as specialist and or market maker may execute orders on a principal basis in the subject securities. Information presented is from sources believed to be reliable, but is not guaranteed to be accurate or complete. Past performance should not be taken as an indication or guarantee of future results. Hyperlinks provided in this report are for your convenience. Please be aware that the products and information supplied on these hyperlinked pages are not endorsed or approved by SFG.

For Tavis McCourt
Raymond James expects to receive or intends to seek compensation for investment banking services from the subject companies in the next three months: QCOM
Raymond James expects to receive or intends to seek compensation for investment banking services from the subject companies in the next three months AAPL

CNBC.com with wires.

  Price   Change %Change


Contact Fast Money

  • Showtimes

    Halftime Report - Weekdays 12p ET
    Fast Money - Weekdays 5p ET
  • Melissa Lee is the host of CNBC's “Fast Money” and “Options Action.”

  • Scott Wapner is host of the "Fast Money Halftime Report," which airs weekdays from 12 p.m. to 1 p.m. ET.

  • Guy Adami is a contributor on CNBC's "Fast Money." He also is managing director of stockMONSTER.com.

  • Najarian, the "Pit Boss," is cofounder of optionMONSTER.com, a news site for options traders.

  • Finerman is president of Metropolitan Capital Advisors, Inc., a company she co-founded.

  • Founder of EmergingMoney.com

  • Chief Market Strategist for Virtus Investment Partners & CNBC Contributor

Halftime Report