Guest Peter Stabler, senior analyst at Wells Fargo, currently has an underperform rating on shares of Twitter (TWTR), which reports earnings this week. He said it would be interesting to see if Twitter is growing its user base and how fast it's growing. He also advised investors to pay attention to the company's user engagement statistics. There are two large lock-up expirations coming in the next several months, which could weigh on the stock price.
Adami said he would be a buyer of Facebook (FB) instead of Twitter because its business makes more sense. He also said Twitter only trades at its current levels because there is a shortage of stock and its price will likely decline when more shares come into the market. Finerman concurred.
Seymour said there's no reason to buy Twitter ahead of earnings and, as of now, he would rather own Facebook.
Adami said Take-Two Interactive Software (TTWO) had good full-year guidance but "lousy" guidance for next quarter. He added that investors should watch the stock for an entry on the long side.Finerman said she bought Apple (AAPL) because it outperformed the market on Monday and has held the $500 level very well. She added the stock has a favorable valuation. Seymour said he is a buyer a Whirlpool (WHR) at $115, which would offer a favorable entry to a stock that has a low valuation and just reaffirmed 2014 guidance. Kelly is a buyer of gold, which appears to have bottomed, he said. Adami said he's buying both FedEx (FDX) and Boeing (BA) in the range of $115 to $118. "You want to buy businesses that aren't broken," he said. George Goncalves, managing director and head of U.S. interest rate strategy at Nomura Securities, was a guest on the show. He noted 10-year Treasury yields are at 12-week lows and 30-year Treasury yields are at seven-month lows. He said everyone expected rates to go higher, which is part of the reason why they declined. He added that poor economic data has also weighed on yields. He concluded that the trade looks "washed out" and 10-year yields are unlikely to significantly break through 2.5%, (currently at 2.62%). Adami said he thinks the 10-year yield is going to 2%.
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