4 Tech Buys on the Pullback: Fast Pros

Technology stocks landed front and center after Goldman Sachs warned investors to be cautious of the space.

The firm was particularly negative on the hardware sector calling it a ‘prime breeding ground for value traps.'

As they say one man’s trash is another man’s treasure. And CNBC's Fast Money pros all believe Goldman's call is misguided; they say there are still plenty of places to play in tech.

Although trader Stephanie Link concedes that she wouldn’t touch Dell , Xerox or Lexmark because of structural issues, the director of research at TheStreet, still sees lots of buys.

First she suggests EMC. “It’s in a secular growth market and it’s a high quality company,” she says. And Link very much believes in the theme. “It’s a great play on the cloud.”

Link also likes IBM. “The recurring revenue they generate is a great story.”

And she also suggests a long position in Apple. “I’d take advantage of the decline.”

Trader Mike Murphy, founder and managing partner at Rosecliff Capital, is also a buyer of Apple. “It’s still cheap and can still be bought,” he says. "If you've been waiting for a pullback, you've gotten your wish."

Trader Simon Baker, CEO of Baker Avenue Asset Management, sees the trade a little differently. He too sees opportunity, but says, if you’re looking for torque, look at HP . “I think HP has a much better chance of 60% upside than Apple.”

Read More from Fast Money:

> Simple Strategies Behind Supersized Successes

> 10 Top Stocks for the Long-Term Investor

> Top Apple Related Stocks for 2012

Posted by CNBC's Lee Brodie

Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment, but not have it published on our Web site, send those e-mails to fastmoney@cnbc.com.

Trader disclosure: On June 14, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Michael Murphy is long FB; Michael Murphy is long PHM; Michael Murphy is long TGT; Michael Murphy is short WMT; Baker Ave. is long CF; Baker Ave. is long CVX; Baker Ave. is long MCD; Baker Ave. is long MSFT; Stephanie Link is long AAPL; Stephanie Link is long JPM; Stephanie Link is long MCD; Stephanie Link is long EMC; Stephanie Link is long DVN; Steve Grasso is long ASTM; Steve Grasso is long BA; Steve Grasso is long D; Steve Grasso is long FRO; Steve Grasso is long LNG; Steve Grasso is long MHY; Steve Grasso is long MO; Steve Grasso is long PFE; Steve Grasso is long S; Steve Grasso is long VLP; Steve Grasso is long XLU

For Camilla Sutton
Nothing to Disclose

For Richard Peterson
Nothing to Disclose

CNBC.com with wires.