NEW YORK (

TheStreet

) -- The market ended mixed on Monday with tech stocks displaying some strength.

The

Dow Jones Industrial Average

was down 24.97, or 0.22%, to 11,178.58 and the

S&P 500

declined 1.89, or 0.16%, to 1,197.84. The

Nasdaq

moved up 13.90, or 0.55%, to 2,532.02.

Guy Adami commented on

Hewlett-Packard

's

(HPQ) - Get Report

strong earnings on

CNBC

's "Fast Money" TV show.

He said HP, which was up in afterhours trading, had a good quarter, fine guidance and flat inventory. He said the valuation was fair. Tim Seymour said HP's earnings proved more important than the attention paid to the selection of new CEO Leo Apotheker. Seymour said HP has done a good job overseas concentrating on high-margin businesses.

For a breakout of some stocks from a recent "Fast Money" TV show, check out Dan Fitzpatrick's "3 Stocks I Saw on TV."

3 Stocks I Saw on TV

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Karen Finerman said HP shouldn't do any more acquisitions and work instead on developing a strategy. Mike Khouw said there was heavy bullish options activity in the stock.

Melissa Lee, the moderator of the show, asked the panel if the commodities trade was getting too risky. Kelly said he remained bullish on the grain trade because of the strong demand for grains. Seymour agreed, saying countries like China and Indonesia are building up strategic reserves of grains.

Finerman was taken aback by the move of copper beyond the parameters of fundamental demand. She said she's a little bit afraid how a change in sentiment can cause a swing in price.

Seymour said the fertilizer companies and those involved in providing what is needed to plant and produce crops will benefit.

Stephen Weiss commented briefly on

Massey Energy

(MEE)

which was up in afterhours on a report that was later confirmed by the company that it is exploring alteratives.

Weiss, who had been buying shares in Massee the past two days, said the stock is still fundamentally cheap and a better bet than

Peabody

(BTU) - Get Report

.

Lee brought Gianfranco Lanci, CEO of Acer, the No. 2 seller of PCs and notebooks, to talk about a new 7-inch tablet the company is introducing at a show Tuesday.

He said the company is offering a wide range of tablets and operating systems. He said there is room for the Acer tablet to compete against

Apple

's

(AAPL) - Get Report

iPad because the areas of multimedia experience, video experience and 3-D gaming are open for competition. He said he does not see tablets cannibalizing the notebooks.

Shifting to the financials, Stephen Weiss said investors are skittish on the sector because of the uncertainty surrounding the heightened demand for capital requirements, the federal government's insider trading probe and European debt contagion.

Lee brought in Doug Kass, president of Seabreeze Partners Management, for his forecast for 2011. Kass said he's not certain that the economy is moving in a smooth path toward a profitable, self-sustaining growth that would justify the recent rally.

He said the gridlock in Washington will make it difficult to come up with a fiscal response to tame the budget deficit and grow jobs.

He also offered up his two surprises for 2011. First, he sees a series of popular regulatory changes that would amount to a frontal assault on mutual fund expenses by restricting or eliminating 12b-1 mutual fund fees. He said asset management companies like TRowe Price and

Franklin Resources

(BEN) - Get Report

would suffer.

Second, he said the Internet will become a tactical nuclear weapon in the digital age and predicted a cyber attack on the New York Stock Exchange that would have a profound impact and lead to a week-long hiatus in trading.

For a Black Friday retail, Weiss said a key metric to watch Tuesday is the GDP report, which, he said, should come in at 2.4%, a good metric that correlates well with shopping center and chain store sales.

Weiss likes

Nordstrom

(JWN) - Get Report

for the holidays: It's a cheap stock on the high end of retail that has done a good job of controlling retail. Moreover, it does well in shoe sales, which accounts for 30% of all its sales.

In the takeover battle between

Sanofi

(SNY) - Get Report

and

Genzyme

(GENZ)

, Finerman offered a solution.

She said the two companies could work out a deal presumably in cash for all the assets except for a disputed asset like the future value of a drug. The shareholders would be given what is called a contingency value rights provision that would cover the success or failure of the drug.

Lee brought in Alan Zafran, Luminous Capital partner, to talk about how investors can take advantage of a massive supply-demand imbalance and invest in municipal bonds. He said valuation will make munis bonds attractive and listed two candidates:

iShares S&P National AMT-Free Bond Fund

(MUB) - Get Report

and

Blackrock Municipal Intermediate Duration Fund

(MUI) - Get Report

.

In the final trades, Seymour and Finerman liked Hewlett-Packard. Adami liked

JCrew

(JCG)

, while Kelly liked

Freeport McMoRan

(FCX) - Get Report

.

--Written by David Tong in San Francisco.

To contact the writer of this article, click here:

David Tong

.

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.

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.

To watch replays of Cramer's video segments, visit the Mad Money page on CNBC

.

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