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Facebook, Twitter Lead Fast Money Traders' Tech Picks

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David Seaburg recommended on CNBC's Fast Money a long position in Facebook Inc (NASDAQ: FB). He thinks that money is going to flow back in the name and he wants to buy the pullback.

Seaburg believes that Twitter Inc (NYSE: TWTR) has tremendous brand value and he thinks that it could be the right time to buy the stock. He explained that the company could be an interesting takeover target for a media company or for Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG).

Dan Nathan thinks that Facebook is going to be more valuable in three to five years, but in the short term, if the major indices trade lower, it is going to trade lower, too.

Tim Seymour likes Twitter and the earnings results didn't disappoint him. He thinks that the new functionality and the new optionality that the management is emphasizing is confusing.

 

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Posted-In: CNBC Dan Nathan David Seaburg Tim SeymourLong Ideas Tech Media Trading Ideas