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UPDATE: Is Security Investment About To Surge?

Considering Google is threatening to get out of China because of cyber attacks, once again security companies are finding themselves in the spotlight.

According to published reports, large-scale cyber attacks “have been under way for weeks with the attackers accessing the Gmail accounts of Chinese human-rights activists."

These developments amplify growing concerns about security.

It was only last week that President Obama demanded improvements in the nation's counter-terrorism efforts.

On January 5th, after meeting with top security officials about the Christmas Day terror attempt, he said, it was not a failure to collect intelligence, it was a failure to integrate that intelligence.

With security and cyber-security grabbing the headlines twice in two weeks, what names should be on your radar?

I'm watching Mantech , says Joe Terranova.

I’m bullish on L3 Communications, adds Guy Adami.

I like Symantec , adds Tim Seymour.

Host Melissa Lee hit the phones and spoke with Alexander Hamilton as Jesup & Lamont. Hamilton tells her the following are attractive as takeover targets.

Mantech : 9X
SRA International: 10X
CACI International : 8X
- Source: Alexander Hamilton, Jesup & Lamont



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Trader disclosure: On January 13th, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Finerman's Firm Is Short (IJR), (IWM), (MDY), (SPY), (TLT), (UNG), (USO); Finerman's Firm And Finerman Own (GOOG); Finerman Owns (JPM) Calls; Finerman's Firm Owns (BAC) Preferred, (BAC), (BAC) Call Spread; Finerman Owns (BAC) Preferred, (BAC); Finerman Owns (AAPL), (BDX), (BSX); Finerman's Firm Owns (WFC) Preferred; Seymour Owns (AAPL), (AA), (BAC), (FXI), (INTC), (MSFT); Terranova Is Short (AGU), (CMA), (JCI), (CAL), (ESS), (ICE); Terranova Owns (QCOM), (MSFT), (JPM), (FCX), (EMC), (FTO), (XOM), (BAC); Terranova Owns (XHB) March Puts; Terranova Is Long March British Pound Futures; Terranova Is Long Copper Backwardation: Long May 2010 Futures, Short July 2010 Futures

For Joe Terranova
Terranova Works For (VRTS)
Terranova Is Chief Market Strategist Of Virtus Investment Partners, Ltd.
Virtus Investment Partners Owns More Than 1% Of (CLB)
Virtus Investment Partners Owns More Than 1% Of (DLR)
Virtus Investment Partners Owns More Than 1% Of (EXR)
Virtus Investment Partners Owns More Than 1% Of (IGE)
Virtus Investment Partners Owns More Than 1% Of (XLY)
Virtus Investment Partners Owns More Than 1% Of (DBV)
Virtus Investment Partners Owns More Than 1% Of (UA)
Virtus Investment Partners Owns More Than 1% Of (XLB)
Virtus Investment Partners Owns More Than 1% Of (XLI)
Virtus Investment Partners Owns More Than 1% Of (SKT)

For Steve Cortes
Cortes Owns 5 Year Note Futures

For Jon Najarian
Jon Najarian Owned (MON) Calls Today


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