'Fast Money' Recap: Tech Is for Real

Seymour observed that 24% of Wal-Mart's income comes from international sales. He said that he likes Wal-Mart's international story and that investors shouldn't discount the impact of the economic stimulus package on Wal-Mart's earnings.

Macke said that it's difficult for a retailer to succeed overseas, and that Wal-Mart's international success indicates how strong it really is.

Najarian said he believes that Wal-Mart, like McDonald's (MCD Quote), is ahead of itself. He said Target (TGT Quote) can make up some ground against Wal-Mart. Adami observed that Target sports a cheaper valuation than Wal-Mart, but he said he still believes Wal-Mart will go higher.

Let's Go to the Charts

On a falling price in oil, the traders talked to technical analyst John Roque about some possible trades. He said viewers shouldn't move to early cycle stocks but should stick with commodity-related items. He said DryShips (DRYS Quote) is worth a look here. He also said that El Paso Energy (EP Quote) could go to $24. He said Oceaneering (OII Quote) broke out of a base on Friday and could go to $86.

Najarian said he likes a lot of these names. He agreed that DryShips looks ready to go up. He said he also likes Genco (GNK Quote). Seymour said he also likes Genco, and that a shortage of ships is supporting shipping rates.

Adami warned viewers that DryShips is a very volatile stock. He said he likes it on a valuation basis but urged investors to be careful.

Trader Radar

Ann Taylor (ANN Quote) traded up today on unusual volume.

Trade the Future

Observing that in the future robotics will play a larger role in medical care, the traders looked for some plays on the trend. Najarian said that the toughest roadblock for companies like Intuitive Surgical (ISRG Quote) and Hansen Medical (HNSN Quote) is the cost of their devices. He said it will be a long time before the machines come down in price.