Trader Guy Adami felt that the continued expansion of Apple Pay could provide the "catalyst" to send the stock even higher.
Apple and other technology companies have helped push talk that the turn of the millennium tech stock bubble has returned. Biotechnology's surge has also brought it into bubble discussions.
Read MoreAnalysts: No tech bubble in sight
For instance, many biotech exchange-traded funds have outperformed in the last year. The First Trust NYSE Arca Biotechnology Index Fund and SPDR S&P Biotech ETF have climbed about 41 percent and 31 percent in that span, respectively.
The iShares Nasdaq Biotechnology ETF has jumped more than 25 percent in the last year.
Investors looking to profit from biotech could invest in those funds, trader Karen Finerman said. Trader Guy Adami felt Cempra had room to move higher.
Pete Najarian is long AAPL, AMAT, BABA, BAC, BMY, BP, CSX, DISC, GE, JPM, KKR, KO, LLY, LOCO, MRK, PEP and PFE. He is long calls CAM, COP, DAL, GS, GT, IAG, ISIL, JNJ, JPM, KNDI, MCD, NEE, SPY, SYY, UAL, UFS, WMB, WFC, ZIOP. He is long puts BHP. Today, he bought WFC, ZIOP calls
Dan Nathan is long BBRY June call spread, DIS Feb 92.50/87.50 put spread, KO March put spread, M March call spread, MSFT March call spread, MU March 31/26 put spread, QQQ Feb 101/ 95 put spread, SHAK, XLF March put spread, XLU March 48/44 put spread, XRT March 90/85 put spread and YUM Feb 72.50/68 put spread. Today, he bought SHAK.
Karen Finerman is long BABA, BAC, C, FINL, FL, GOOG, GOOGL, JPM, M, MTW, KORS and SDRL. She is short DIA. Her firm is long AAPL, BAC, PLCE, C, CMLS, DIS, FBT, FINL, FL, GPS, GOOG, GOOGL, IBB, JPM, M, MTW, KORS, SDRL, SUNE, XBI. Her firm is long calls SDRL. Her firm is short IWM, SPY and USO. Karen Finerman is on the board of GrafTech International.
Guy Adami is long CELG, EXAS and INTC. Guy Adami's wife, Linda Snow, works at Merck.