As companies expect less regulation from President Donald Trump and his administration, the "Fast Money" traders discussed which stocks they expect to benefit the most from a more hands-off government.

Trader Pete Najarian said he likes the Financial Select Sector SPDR Fund. He said he expects lending at banks to go back to where it was before heavy regulation.

Trader David Seaburg said he likes housing names, such as Pulte Group and Danaher in a deregulated environment. He said that many people who went bankrupt 10 years ago will have better credit scores, and banks will want to lend more because of higher interest rates. Seaburg said this all makes for a better housing market.

Trader Dan Nathan said he likes Twitter and T-Mobile because he expects the two companies to be bought out and the deals would pass through industry regulators. Nathan said Facebook should buy Twitter and T-Mobile could be taken over by a cable company.

Trader Guy Adami said he likes Pfizer because he expects Trump to improve the expedience and likelihood of the Food and Drug Administration to approve drugs, despite the president's tweet that he's working to bring prices "way down."

Disclosures:

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

Dan Nathan is long SPY May put spread, VIX long March call spread, XLV long APR-June put spread, xli long June put spread

Pete Najarian owns calls: AA, AAL, AMJ, AKS, BVN, BZH, C, CCL, CHK, CLF COP, CRM, DAL, ECA, ETP, GILD, GE, HMY, KORS, K, MAR, MRO, MT, P, PAA, POT, RIG, RIO, USB, UAL, UNP, XLE, WFT, WLL, USB, QVCA, ZIOP. IS LONG: AAPL, BAC, CL, DLTR, DIS, EBAY, EMR, GILD, GE, GM, HAIN, HUM, IBM, INTC, JWN, K, KMX, KO,KORS, LUX, MAR, MDLZ, MOS, MSFT, MRK, MRVL, ORCL, RL, KMX, TRN, UNP PFE. OWNS PUTS: AFSI, PSC.

David Seaburg: "Opinions expressed by David Seaburg are solely his own and do not reflect the views and opinions of Cowen Group, Inc. David Seaburg and Cowen have a financial interest in EDIT. Diamond Offshore: an employee of Cowen and Company, LLC serves on the Board of Directors of Diamond Offshore"