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.
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.