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Trader Dan Nathan said he likes PayPal because of "interesting secular things going on in e-payments." Another stock he likes is JD.com, even though the "fundamentals haven't been fantastic." Nathan said that JD is a company is well-positioned.
Trader Brian Kelly said that he is less confident in tech's potential.
"If you're buying into tech and you're buying into dividend stocks, you just need to know that you're buying into a bubble. That doesn't mean that it can't go higher. Bubbles go on for a long time, a lot longer than most people can stay short them," Kelly said.
He said he would rather look at securities outside the United States, especially in Japan.
"To me, what happened in Japan over the last couple days could be game changing, so I would look towards Japan," Kelly said, adding that in particular he would look at the WisdomTree Japan Hedged Equity Fund.
Long stock: AAPL, BAC, BMY, CSCO, DIS, DISCA, GE, KMI, KMI.A, KO, LUX, MRK, PEP, PFE, SAVE, VIAB, ZIOP Long Calls: AAL, AKS, AMJ, CHK, CLF, CNX, CSX, DAL, EGO, GSAT, HBAN, HOG, INTC, KGC, LLY, MT, MU, NLNK, P, SBUX, SLV, SLW, SVU, TMUS, WLL, XLE, YELP. Long Puts: BID, CS,GM, NAV, NLY
Tim Seymour is long APC, AVP, BAC, BBRY, CLF, DO, EDC, EWZ, F, FCX, FXI, GM, GOOGL, GRMN, GE, INTC, LQD, M, MCD, MPEL, NKE, RACE, RAI, RH, RL, SINA, T, TWTR, UA, VALE, VZ, XOM and short: SPY, XRT. His firm is long ABX, BABA, BIDU, CLF, EWZ, F, HD, KO, MCD, MPEL, NKE, PEP, PF, SAVE, SBUX, SINA, VALE, VIAB, WMT, WEN, YHOO, short HYG, IWM
Brian Kelly is long Bitcoin, DXJ, GLD, MOS, POT, SLV, XME, US Dollar UUP; he is short WTI crude, Swiss franc, euro and Japanese yen.
Dan Nathan is Long JD Aug call spread, Long PFE, Long TWTR, BABA Aug put spread, IWM long Sept put, XLF long Aug put spread, XLK long Sept Put spread, FXI long Aug put spread, SMH long Aug put spread, long PYPL call calendar, long C Aug put spread, XOP Sept put spread, TGT long Aug calls, TSLA long Aug put, SPY long Sept put spread, BAC long Sept puts.