'Fast Money' Recap: Global Godzillas

Sun Microsystems(SUNW Quote) was up 10% after hours on good earnings. Jeff Macke said private equity group KKR has taken a $700 million stake in Sun. Macke feels this is smart money getting into the stock, and Najarian agreed.

Merill Lynch came out with a report Monday that said oil will follow a pattern of the last three years and decline in the second half of the year. Eric Bolling believes oil will hit $80. Pete Najarian was bullish on ConocoPhillips(COP Quote) and Chevron(CVX Quote).

Shares of Radioshack(RSH Quote) were down 12% on a 15% fall in revenue. Jeff Macke believes the CEO of RSH needs to be more available to Wall Street.

Nordstrom(JWN Quote) was up 7% after Goldman Sachs and Citigroup upgraded the stock recently. Jeff Macke was bullish on the stock as a long-term play.

Mastercard(MA Quote) will report earnings before the bell Wednesday. Guy Adami was bullish on Mastercard as a long-term play.

Happy 52-Week High

Verizon(VZ Quote).