The evolution of the mobile phone is happening faster than you can download a webisode of your favorite show. Google is seeing a sudden 20% surge in mobile web searches over just a few months. And a new study shows 9 out of 10 iPhone owners are using the gadget to find everything from March Madness updates to the latest Rhianna hit.
Meanwhile, global powerhouse China Mobile forecast it would have 450 million users by year’s end, that’s more than the entire population of the United States. So between the gadget gurus, the spectrum seekers and the content kings, where can you download some fast money?
Look at InterDigital (IDCC) for patents, Cisco (CSCO) and Juniper (JNPR) for infrastructure and Akamai (AKAM) for software, says Pete Najarian.
I also like Juniper, adds Guy Adami, with a stop out at $24.
I think Verizon (VZ) is the winner, counters Jeff Macke.
Or look at China Mobile (CHL) and America Movil (AMX).
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Trader disclosure: On Mar.19, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Najarian Owns (AAPL), (BIIB), (CSCO), (MCD), (MS), (MSFT), (NOK), (XLF), (YHOO), (C), (IDCC); Najarian Owns (BSC) Calls, (TSO) Calls, (CCU) Calls; Najarian Owns (LEH) Puts; Macke Owns (YHOO), (INTC), (DIS), (EMC); Seymour Owns (AAPL), (CSCO), (INTC), (MER), (MSFT), (S), (SBUX), (TSO); Seygem Asset Management Owns (CHL), (EEM); Seygem Asset Management Owns Gazprom