Trading Tech: 6 plays on 4 big names

Trading tech: 6 plays on 4 big names

Traders had a lot of tech stocks to discuss on Monday's "Fast Money." Facebook was an especially attractive play, said trader Pete Najarian.


"Today it feels like Facebook finally started to break out to the upside," he said.

Trader Tim Seymour agreed, saying, "The video ads are much, much more valuable to advertisers then they had thought. They are going to have a lot of revenue here. I think it's not even in the price," he said.

GoPro and Ambarella

Trader Guy Adami was not happy with what he said were "people using GoPro as a way to proxy short Ambarella."

He added, "I thought the stock had tailwinds and I think that [play] is a mistake."

Read More Stock is up 1,800% since 2012, but sell now: Technician

Oracle and Microsoft

Adami also said that Oracle's stock is cheap; he draws a line in the sand at $41. "But you have to be somewhat disappointed about the way the stock has performed, especially since it bounced so nicely last week," he said.

Seymour did not agree. He expects the stock to reach $48 in 12 months. "This is a company that has proven itself, so I would not be running out the door. I think $41.50 is your bottom, and I think you can own it here."

Najarian said he believes there are better opportunities for upside now. "I'd rather be in Microsoft than in Oracle right now, especially with Satya Nadella and all of his expertise. I think they are going to move faster," he said.


Tim Seymour

Tim Seymour is long AAPL, T, BAC, C, DIS, EWZ, F, GE, GM, GOOGL, INTC, JCP, SUNE, Tim's firm is long BABA, BIDU, CHL, MCD, NKE, NOK, SBUX, YHOO.

Pete Najarian

Long AMAT, AAPL, BABA, BAC, BMY, BP, CSX, DISCA, DKS, FOXA, GE, KKR, KO, LLY, MRK, PEP, PFE, TEVA, he is long calls AAL, ABX, BAC, BBY, BMY, C, COP, CSX, DAL, DE, ETFC, FB, FCAU, GE, GS, INTC, INVN, JPM, LEN, MT, MU, NUAN, OC, PFE, RAD, S, SXC, SYY, UAL, UPS, USB, VOYA, VZ, XLF, ZIOP. Today he bought UPS calls and FB calls; today he sold RAI calls.

Guy Adami

Guy Adami is long CELG, EXAS, INTC, Guy Adami's wife, Linda Snow, works at Merck.

Steve Grasso

Steve Grasso is long AAPL, BAC, DD, DECK, EVGN, KBH, MJNA, PFE, PHM, T, TWTR, GDX firm is TWTR, AMZN, IBM, MCD his kids own EFG, EFA, EWJ, IJR, SPY.