The "Fast Money" traders weighed the tech titans after Apple shares gained 3 percent on Wednesday.

Trader Pete Najarian said he believes Facebook has more momentum than Apple under CEO Mark Zuckerberg. The social media giant also has more products in its pipeline, Najarian said.

Trader Tim Seymour said that in an environment where investors pay more attention to valuation, Alphabet is a better stock to own than Apple. He said the parent company of Google has a "phenomenal balance sheet" like Apple, but may be better priced relative to its valuation.

Trader Dan Nathan agreed and said that Alphabet has more potential to break out. He said investors would get "more bang for their buck" than they would with Apple.

Disclosures:

PETE NAJARIAN

Long stock: AAPL, BAC, BMY, DIS, DISCA, GE, KMI, KMI.A, KO, LUX, PEP, PFE, VIAB, long calls: AAL, AMD, ABT, AKS, BAC, CIT, CNX, COP, CRM, CSCO, CYH, DISH, DVN, EGO, ETP, FSLR, FXI, GLD, GS, HALO, JBLU, KGC, KMI, KO, LLY, LULU, M, MS, MT, NEM, SBUX, SLW, SLV, SWKS, SYMC, TGT, TWTR, TTS, UA, VRX, XLE and puts: CLV, MBLY, MRO, TSLA, EEM

TIM SEYMOUR

Tim Seymour is long APC, AVP, BAC, BBRY, CLF, DO, DVYE, EDC, EWZ, F, FB, FCX, FXI, GM, GOOGL, GRMN, GE, INTC, LQD, M, MCD, MPEL, NKE, RACE, RAI, RH, RL, SINA, T, TWTR, UA, VALE, VZ, XOM. short: SPY, XRT. His firm is long ABX, BABA, BIDU, CBD, CLF, EWZ, F, HD, KO, MCD, MPEL, NKE, PEP, PF, SAVE, SBUX, SINA, VALE, VIAB, WMT, WEN, X, YHOO, short HYG, IWM, UAL

KAREN FINERMAN

Karen Finerman is long AAL, BAC, C, DAL, DRII, DRII calls, FB, FL, GOGO, GOOG, GOOGL, JPM, LYV, KORS, KORS calls, KORS puts, M, MA, SEDG, SPY puts, UAL, URI, WIFI long call spreads. Her firm is long ANTM, AAPL, BAC, C, C calls, DRII, DRII calls, FB, GOOG, GOOGL, JPM, JPM calls, KORS, LYV, M, MOH, PLCE, SPY puts, URI, WIFI and short IWM, MDY. Finerman is on the board of GrafTech International.

DAN NATHAN

Dan Nathan is long TWTR, IWM long Sept put, long PYPL call calendar, XOP Sept put spread, BAC long Sept put, long FEZ Nov put spread, long EEM Nov put spread, long FB Sept put spread, long XLK Jan put spread.