Fast Money Traders Share Their Picks In Tech Space

On CNBC's "Fast Money", Tim Seymour said Technology SPDR (ETF) XLK is a way to trade the market in the current environment. He would also look at individual names that have value and he named Alphabet Inc GOOG GOOGL and Priceline Group Inc PCLN as the stocks he would buy. He added that Amazon.com, Inc. AMZN is almost priced to the perfection.

Dan Nathan believes VanEck Vectors Semiconductor ETF SMH could trade higher. He thinks lower corporate tax rate is going to allow more M&A activity in the semiconductor sector.

David Seaburg said the valuation in Technology SPDR (ETF) is better than the valuation in Financial Select Sector SPDR Fund XLF. He thinks financials are going to slow down, and investors are going to start buying stocks in the tech space.

Brian Kelly also likes Technology SPDR (ETF). He added that International Business Machines Corp. IBM looks like it is going to break out to the upside.