CNBC's "Fast Money" traders saw upside in embattled BlackBerry after a day in which the stock popped.
BlackBerry's partnership with Google on Android for Work and BlackBerry-owned QNX's role in car "infotainment" systems have led trader Brian Kelly to believe the company still has some juice to give.
"I think if they can start to get this part of the company growing and start to do more of these deals, I think above [$12 per share] is not a problem at all," Kelly said.
The stock closed Wednesday up more than 2 percent, at about $10.50 per share. Kelly noted that he owns calls that go to March, but bought the stock Wednesday because he wanted longer exposure.
Trader Dan Nathan echoed Kelly's positive sentiment, adding that he owned BlackBerry calls that go to June. The company is a potential takeover target, and it's an appealing buy if any deal seems imminent, said trader Tim Seymour.
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"This company doesn't stay independent forever. I think you buy it on a take out," he said.
Another battered tech name, Yahoo, looks like a better buy than Alibaba, the Chinese giant to which it is linked, Seymour added. Yahoo owns stake in Alibaba that was worth about $40 billion late last month.
Yahoo and Alibaba closed Wednesday around $45 and $86 per share, respectively.
Read MoreChinese rivals snap at Alibaba's heels in cross-border e-commerce race
He noted that investors in Apple, which has been trading above $125 per share, shouldn't get out of the stock until the second quarter of this year at the earliest.
Disclosures:
Tim Seymour
Tim Seymour is long AAPL, BAC, C, DIS, F, GE, GM, GOOGL, INTC, JCP and SUNE. Tim's firm is long BABA, BIDU, MCD, NKE, NOK, SBUX and VIP.
Dan Nathan
Dan Nathan is long BBRY June call spread, KO March put spread, M March 65/67.50 call spread, MSFT March call spread, MU March 31/26 put spread, SHAK, XLF March put spread and XRT March 90/85 put spread.
Brian Kelly
Brian Kelly is long BTC=, U.S. dollar, GLD, CTRL calls, HYG puts, BBRY, BBRY call spreads and TLT. He is short EWA, EWG, EWQ, EWZ, EWW, Australian dollar, British pound, Canadian dollar, yen and yuan. Today, he bought BBRY.
Jon Najarian
Jon Najarian is long ABT, ADP, AMAT, AN, ATVI, AUY, BRCM, BSX, CZR, DNKN, EQT, GE, GT, HFC, HOG, HUN, INFN, KBH, KO, MW, NEE, NRG, NSAM, OKE, POST, RIG, RKUS, SFUN, SIRI, SPG, SYK, TWTR, TWX, WBA, WMB, WNR and XLE. He is long calls BYD, CZR, EQT, EWJ, HOG, RKUS and TWTR. Today, he bought CZR, CZR calls, GE, HFC, HOG, HOG calls, SPG and WNR calls.