Trader Guy Adami said he likes the iShares Nasdaq Biotechnology ETF (IBB) after it reached a 52-week high, earlier in the day. The ETF is up 13 percent in the last 12 months.
Monsanto and Square are two stocks trader Steve Grasso likes. He said he expects both stocks to move higher. Monsanto is up 25 percent in the last 12 months, while Square is up 60 percent in the last 12 months.
Guy Adami is long CELG, EXAS, GDX, INTC. Adami's wife, Linda Snow, works at Merck.
Tim Seymour is long ABX, AAPL, APC, AVP, BAC, BBRY, C, CLF, CVX, DO, DVYE, EDC, EWN, EWZ, F, FB, FCX, FXI, GM, GOOGL, GE, INTC, LQD, MOS, MCD, MUR, OIH, PG, RACE, RAI, RH, RL, SINA, SQ,T, TWTR, VALE, VZ, XOM. short: EEM, SPY, XRT; Tim's firm is long ABX, BABA, BIDU, CBD, CLF, EEM, EWZ, F, KO, MCD, MPEL, NKE, PEP, PF, TCEHY, SAVE, SBUX, SINA, VALE, VIAB, WMT, WEN, X, YHOO, short EWG, HYG, IWM
Steve Grasso's firm is long: CHK, CUBA, DIA, HES, ICE, KDUS, MAT, MFIN, MJNA, MSFT, NE, RIG, SPY, TITXF, WDR, WPX, WLL, ZNGA. GRASSO IS LONG: CHK, EEM, EVGN, GDX, KBH, MJNA, MON, MU, OLN, PFE, PHM, QCOM, SPY, T, TWTR. Grasso's children own: EFA, EFG, EWJ, IJR, SPY. NO SHORTS.
Pete owns CALLS: AAL, AMJ, AKS, BVN, BZH, C, CCL, CHK, CLF COP, CRM, ETP, GE,GILD, HMY, K, MAR, MRO, MT, RIO, UAL, USB, UNP, WFT, WLL, QVCA, XLE, ZIOP LONG: AAPL, BAC, BLL, CL, DLTR, DIS, EBAY, GILD, GE, GM, HAIN, HD, HUM, IBM, INTC, JWN, K, KO,KORS, LOW, LUX, MAR, MDLZ, MOS, MSFT, MRK MRVL, NKE, ORCL, RL, RHT, PFE, UNP. PUTS: PJC, XOM