NEW YORK (TheStreet) -- Stocks essentially finished flat on Monday to start off the holiday-shortened trading week. The Nasdaq briefly topped 4,000 for the first time in 13 years.
Josh Brown, a financial adviser at Ritholtz Wealth Management, said he prefers solar stocks such as First Solar (FSLR) - Get Report and pointed out the flat revenue growth in large-cap tech names like Intel (INTC) - Get Report and Cisco Systems (CSCO) - Get Report.
Jon Najarian, co-founder of optionmonster.com and trademonster.com, advised investors not to short biotech stocks and said he likes Chinese Internet stocks Baidu (BIDU) - Get Report and Sina (SINA) - Get Report.
Stuart Frankel & Company's Steve Grasso said his top pick is Google (GOOG) - Get Report, which should continue moving higher into the first quarter of next year. He also likes Yahoo! (YHOO) and a half-sized position in Twitter (TWTR) - Get Report.
Regarding TWTR, Adami said it seems likely to trade down to about $35.
Qualcomm (QCOM) - Get Report is being investigated by China for a possible infringement of the Anti-Monopoly Law, although some are saying it's to get better pricing power on the company. James Faucette, senior research analyst at Pacific Crest Securities, was a guest on the show and said it could shave off 25 cents to 50 cents in annual earnings, but is unlikely to have any effect.
Adami said there's definitely risk in the stock, especially at $73, despite it not being overly rich in valuation.
Brown said the bigger risk to QCOM is a slowdown in the smartphone and tablet market. He added the stock seems okay right now and investors "will know" when sellers retake control of the stock price.
Najarian suggested the stock was reasonably valued and could outperform the market over the next six months since it's been a laggard throughout 2013.
Avi Reichental, president and CEO of 3D Systems (DDD) - Get Report, was a guest on the show. He said the company's deal with Motorola (owned by Google), to make customizable smartphone was a great step for all parties involved. He added that while retail sales should be encouraging this holiday season, 95% of revenue comes from the company's professional manufacturing in aerospace, automotive, health care and jewelry.
Dennis Gartman, publisher of The Gartman Letter, was a guest on the show who said it will take a while for Iran to get crude oil production back online, but ultimately production to expected to increase. He added that WTI crude oil could work its way down to $85 per barrel, while RBOB gasoline could go below $2.50 per gallon, with prices at the pump falling below $2.75 per gallon.
Lions Gate Entertainment (LGF) dropped 10%, making it the first stock on the show's "Pops & Drops" segment. Najarian said to buy near $29.50.
Burger King (BKW) jumped 2%. Brown said despite being slightly overvalued, the company continues to meet and exceed expectations.
Adami called Boeing (BA) - Get Report a great company, but at near 20 times forward earnings the stock is a little ahead of itself. He added that it could pull back to the low $120's. Brown suggesting buying dips in the stock because of its potential over the next five to 10 years.
-- Written by Bret Kenwell in Petoskey, Mich.
Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein's Weekly Options Newsletter. Focuses on short-to-intermediate-term trading opportunities that can be exposed via options. He prefers to use debit trades on momentum setups and credit trades on support/resistance setups. He also focuses on building long-term wealth by searching for consistent, quality dividend paying companies and long-term growth companies. He considers himself the surfer, not the wave, in relation to the market and himself. He has no allegiance to either the bull side or the bear side.