Fast Money

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Fast Money

Battered tech stocks to buy on weakness

Trading into Tuesday: 4 calls in tech and retail

Apple's partnership with Cisco Systems boosts an enterprise computing business that can fuel more upside for the iPhone maker's stock moving forward, CNBC "Fast Money" trader Pete Najarian said Monday.

"I think that could be a monstrous area," he said.

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The companies on Monday announced a partnership, which aims to boost the performance of Apple iPad and iPhone devices on Cisco's corporate network. Apple has looked to expand its enterprise offerings to lift sagging iPad sales.

Najarian—who owns Apple—remains "bullish" on the stock even though it has lost more than 13 percent in the last three months. He noted that the tech giant's upcoming Sept. 9 product event could provide a catalyst.

Apple Store on Fifth Avenue in New York City
Getty Images

Apple shares closed 0.5 percent lower Monday at $112.71. Shareholders can stay in the stock with $103.50 as a stop, added trader Guy Adami.


Shares of social media network Twitter popped 3.6 percent on Monday after SunTrust Robinson Humphrey upgraded it to "buy" from "neutral." Analyst Bob Peck cited its valuation as well as possible catalysts for ad sales.

Read MoreTop analyst: 4 reasons to buy Twitter right now

The stock has tumbled more than 22 percent this year. Trader Tim Seymour, who bought Twitter on Friday, called it a "unique platform" that holds upside as it continues to figure out how to generate revenue.


Tim Seymour

Tim Seymour is long AAPL, T, BAC, DIS, F, GE, GM, GOOGL, INTC, JPM, TWTR, Tim's firm is long BABA, BIDU, MCD, NKE, NOK, SBUX, YHOO.

Pete Najarian

Long AMAT, AAPL, BAC, BMY, BP, CSX, DISCA, DKS, FOXA, GE, KKR, KO, LLY, MRK, PEP, PFE, he is long calls AAL, ABX, ALK, BBY, BEE, BHP, CRM, CSX, DAL, ETFC, HIG, HIMX, LM, MRO, SLB, VLO, VZ, WLL, XLF, ZIOP, he is long puts AUY, FCX. Today he bought HIMX calls, MRO calls, SLB calls, and WLL calls.

Guy Adami

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