NEW YORK (TheStreet) -- In China, Singles Day has already begun. The recently made-up holiday is celebrated by individuals buying themselves a gift on Nov. 11. Alibaba (BABA) - Get Report is considered one of the main beneficiaries of the holiday and expects to bring in $8 billion in sales on this day alone. 

The stock has gone on a massive run, Pete Najarian, co-founder of optionmonster.com and trademonster.com, said on Monday's episode of CNBC's "Fast Money" TV show. However, the company's growth is so strong that it can propel the stock to $150. 

If investors don't want to own Alibaba outright, they can buy the KraneShares CSI China Internet ETF (KWEB) - Get Report . Josh Brown, CEO and co-founder of Ritholtz Wealth Management, who is long the ETF, says 10% of the fund's holdings are in Alibaba. 

Institutional investors who waited to see the company's first earnings report are likely to pile into the stock, which will give it momentum into 2015 and beyond, according to Joseph Terranova, chief market strategist for Virtus Investment Partners.

If Alibaba does record $8 billion in revenue from Singles Day, it will represent 45% year-over-year growth from last year, Stephanie Link, chief investment officer of TheStreet and co-manager of the Action Alerts PLUS portfolio, pointed out. The stock isn't overly expensive at 34 times 2016 earnings estimates.

In regards to the overall market, Link still likes industrial and consumer cyclical stocks due to an improving economy. John Stoltzfus, chief investment strategist at Oppenheimer and Company, agreed, adding that he raised his 2014 S&P 500 (SPY) - Get Report price target to 2,080. 

Stoltzfus said lower gasoline prices would be beneficial to both businesses and consumers, which should help throughout the fourth quarter. Third-quarter earnings have also been better than expected. And while energy stocks have taken a beating in the past few months, the sector is essentially flat on the year. 

Shares of Target (TGT) - Get Report have stagnated for much of 2014, up just 3%. However, according to Stifel Nicolaus's David Schick, the stock has upside in the near term. For that reason, he upgraded Target to a "buy" and assigned a $76 price target. 

The consumer is stronger and operationally Target has made some improvements. Lower gas prices should help going into the holiday season as well. The company still has long-term obstacles, but its prospects are attractive, especially with the changes its making in its Canadian operations. The company report earnings next week. 

Another name in retail that has had tremendous success in its early days as a publicly traded company is GoPro (GPRO) - Get Report . The stock is up some 222% from its $24 IPO price, but that doesn't bother Najarian. 

He acknowledged that the stock has a "tremendous" overvaluation, but the growth is so strong. The company's $800 million secondary offering doesn't "scare" him and he says to buy the stock going into the holidays. 

Brown disagreed, saying the company continues to change its lockup plans and the valuation makes it hard to find attractive. There are better stocks to invest in, he said. Link doesn't find GoPro's valuation attractive either. 

The trading panel took a quick look at West Texas Intermediate crude oil, which is lower by 1.1% on Monday. Terranova says that OPEC seems unlikely to cut production, which means crude oil is likely headed for $75 per barrel. 

Najarian found value in the rail stocks, which ship a large quantity of oil, but are not necessarily affected by the price of crude. His top pick is Norfolk Southern (NSC) - Get Report .

McDonald's (MCD) - Get Report was the first stock on the show's "Trader Blitz" segment. Link said she's sticking with the stock because of valuation and the dividend. Najarian said investors should wait for a pullback if they want to buy Dean Foods (DF) - Get Report

Brown said investors should avoid shares of 3D Systems (DDD) - Get Report despite the company's earnings beat, while Terranova is avoiding Sotheby's (BID) - Get Report on both the long and short side.

-- Written by Bret Kenwell

Follow @BretKenwell

TheStreet Ratings team rates MCDONALD'S CORP as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:

"We rate MCDONALD'S CORP (MCD) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income."

You can view the full analysis from the report here: MCD Ratings Report