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No. 2 - Revenge Of Tech

Thanks to Microsoft (MSFT) and Apple (AAPL) earnings this week technology stocks are on a breakout. And The Technology Select Sector SPDR Fund (XLK) is up nearly 9 percent since the beginning of March.

Guy Adami says one of the hottest IPO’s of the Summer will be EMC Corp’s (EMC) spin-off of VMware –and he recommends owning EMC ahead of it.



Jeff Macke says in the tech space he likes Microsoft as well as Intel (INTC).

Eric Bolling adds investors should own Hewlett Packard (HPQ).

Tim Strazzini likes IBM (IBM) and Cisco (CSCO).

Dylan Bolling reminds investors if they want to trade the space as a basket the Technology SPDR (XLK) is the ticker to remember.

Questions? Comments? fastmoney@cnbc.com

Trader disclosure:
On APR 27, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders;Strazzini Owns (IBM), (JBLU), (MPEL), (PG), (T), (WMT) Bolling Owns (MPEL), (BP), (XOM) Gold, Silver, Corn Bolling Is Short Soybeans; GE Is The Parent Company Of CNBC