Best Places to Invest in Technology Now: Pros

Forget the familiar tech titans that have become household names. Some of the newer technology names hold the most potential for gains, CNBC's "Fast Money" pros said Tuesday.

Joe Terranova of Virtus Investment Partners said that he's not looking to such names as Microsoft, Intel or Hewlett-Packard.

"That story has passed," he said. "This is about Qualcomm. This is about Sandisk. This is about Apple, Skyworks, Cirrus."

"If you are looking for stabilization, or a trough in the marketplace in technology itself, you're not going to look at these older technology names. You're going to look at these newer technology names," he said.

"Right now it's bifurcated between those who have exposure to tablets and or not."

Enis Taner of RiskReversal.com noted that the entire technology sector had benefited from a run-up in stocks, but the market has shaken out the weaker names.

(Read More: Apple Bear Doug Kass Turns Bullish on Stock)

"Now, I think you have to be more discriminating about value," he said, adding that Intel was one stock that avoided the consumer problems facing the likes of Microsoft.

Stephen Weiss of Short Hills Capital wasn't a buying Microsoft, noting the departure of Stephen Sinofsky, the executive in charge of its Windows operating system.

Weiss argued that the stock's potential wasn't worth it.

"To me, you're just marking time in the stock," he said.

Trader disclosure: On Nov. 13, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Fast Money" were owned by the "Fast Money" traders: Enis Taner is long GS ; Enis Taner is long XLF Puts; Enis Taner is long YHOO Calls; Steve Weiss is long HK; Steve Weiss is long QCOM; Steve Weiss is long SWKS; Steve Weiss is short JCP; Steve Weiss is short AKS; Steve Weiss is short X; Steve Weiss is short RIO; Steve Weiss is short VALE; Joe Terranova is long VRTS; Joe Terranova is long SBUX; Joe Terranova is long TJX; Joe Terranova is long AAPL; Joe Terranova is long HOT; Joe Terranova is long SWKS; Joe Terranova is long VZ; Joe Terranova is long XOM; Joe Terranova is long MS; Joe Terranova is long GS; Joe Terranova is long CRUS; Joe Terranova is long IBM; Joe Terranova is long DKS; Joe Terranova is long SWN; Joe Terranova is long CVX; Joe Terranova is long TCBI.

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