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Fast Money Traders Speak On AAPL Derivative Plays (LPL, T, BBY, S, NVDA, AKAM)

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Fast Money Traders Speak On AAPL Derivative Plays LPL, T, BBY, S, NVDA, AKAM

Tim Seymour said on CNBC's Fast Money that LG Display Co Ltd. (ADR) (NYSE: LPL) is a great Apple (NASDAQ: AAPL) derivative play. He recommends this stock as a buy. LG Display (LPL) gained 3.05% today.

Gary Kaminsky said that if you thought that AT&T Inc. (NYSE: T) is a derivative play on AAPL, you've been burned. AT&T (T) fell 1.20% today, while Apple (AAPL) spiked 5.98%.

Joe Terranova thinks that Best Buy Co., Inc. (NYSE: BBY) will benefit from Apple (AAPL). Best Buy (BBY) added 2.17% today.

Brian Kelly believes that Sprint is a good AAPL derivative play because of its 4G wireless modem. You can use it with iPad and you don't have to wait for 3G iPad to come out. Sprint (S) fell 1.68% today.

Pete Najarian is not a fan of Sprint (S), but he thinks that Best Buy (BBY) will benefit on Apple (AAPL). He also likes NVIDIA Corporation (NASDAQ: NVDA) and Akamai Technologies, Inc. (NASDAQ: AKAM).
NVDA dropped 2.58% today and Akamai (AKAM) gained 1.30%.

 

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Posted-In: Brian Kelly CNBC Gary Kaminsky Joe Terranova Pete NajarianLong Ideas Media Trading Ideas