Fast Money Picks For January 7: Alibaba, eBay, Ambarella, Continental Resources

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CNBC Fast Money's Tim Seymour recommended on the show a long position in Alibaba Group Holding Ltd BABA. He noticed that it bounced off $100 on Tuesday and he thinks that the stock is going higher.

Pete Najarian noticed some bullish activity in eBay Inc EBAY. He believes that it is going to test $60.

Brian Kelly is a buyer of Continental Resources, Inc. CLR. The company has removed all the hedges so if crude oil bounces it will trade sharply higher, added Kelly.

Guy Adami wants to buy Ambarella Inc AMBA because it traded sharply higher on a lousy day.

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Posted In: CNBCLong IdeasFast MoneyMediaTrading IdeasBrian KellyGuy AdamiPete NajarianTim Seymour
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