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Fast Money Traders' Tech Picks: Buy Facebook, Watch For Netflix Takeover

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Fast Money Traders' Tech Picks: Buy Facebook, Watch For Netflix Takeover
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Guy Adami spoke on CNBC's Fast Money last Friday about Netflix, Inc. (NASDAQ: NFLX). He thinks the stock might be bought by Walt Disney Co (NYSE: DIS) and he sees more upside in the name.

Steve Grasso agrees that Netflix could be a takeover target. He sees it as the leader in the current market. Grasso added that investors see Technology SPDR (ETF) (NYSE: XLK) as a place where they can find growth.

Tim Seymour likes Alphabet Inc (NASDAQ: GOOGL). He thinks it has the best risk-reward. Seymour added that Facebook Inc (NASDAQ: FB) is getting to a place where there is some saturation. He thinks its user growth is going to slow down.

David Seaburg thinks Facebook has a potential to grow in the long term. He thinks its user base is going to continue to grow and he is a buyer of the stock.

Posted-In: David Seaburg Guy Adami Steve Grasso Tim SeymourCNBC Tech Media Trading Ideas Best of Benzinga

 

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