NEW YORK (TheStreet) -- The Federal Reserve announced Wednesday it plans to keep interest rates low for "considerable time" but will end its quantitative easing program. How do you trade on this news? Buy financial stocks, said Pete Najarian, co-founder of optionmonster.com and trademonster.com. 

Karen Finerman, president of Metropolitan Capital Advisors, agreed and particularly likes JPMorgan Chase  (JPM) - Get Report , Citigroup (C) - Get Report and Bank of America (BAC) - Get Report on the long side. 

In retail Guy Adami, managing director of stockmonster.com, said he likes Costco Wholesale (COST) - Get Report . The stock continues to move higher and should do well in a rising interest rate environment. 

Volatility is likely to remain elevated now that the Fed isn't pumping so much liquidity into the market, said Dan Nathan, co-founder and editor of riskreversal.com.

Turning to 3-D printing, Hewlett-Packard (HPQ) - Get Report announced that it will enter the space and have a machine ready by 2016. The machine will be able to print up to 10 times faster than current 3-D printers. 

Sherri Scribner, senior equity research analyst at Deutsche Bank, said Hewlett-Packard's entry into the 3-D printing space will add "legitimacy" to the industry. There's room for consolidation, but it will likely take place with the very small companies, she reasoned. Her top picks are Hewlett-Packard and Stratasys (SSYS) - Get Report

"I'm staying long," Najarian said of Hewlett-Packard. "I think it goes a lot higher." 

As for another tech stock, Facebook (FB) - Get Report , which beat on top- and bottom-line estimates but declined 6.1% after telling investors expenses will rise 50% to 70% in 2015, Nathan didn't think the stock should have been sold. It would concern him more if Facebook wasn'tspending on growth, he argued. On Twitter (TWTR) - Get Report  he is a buyer in the high-$30s. 

"The quarter was outstanding," Adami said of Facebook. Management is planning for the future and using the money to buildout different operations. Najarian agreed, saying investors should go long the stock.  

Shares of F5 Networks (FFIV) - Get Report could hit $145 by the end of the year, Najarian said, and the stock isn't overvalued. 

Although Weight Watchers International (WTW) - Get Report is heading into its two strongest earnings quarters, investors should avoid the stock, Finerman said. She explained that the company's debt trades "very poorly" and that's usually a red flag. 

After falling 7% in after-hours trading, Adam said investors can buy Trulia (TRLA) with a stop-loss near $40. Investors can also buy Dreamworks Animation (DWA)

Navios Maritime Acquisition (NNA) - Get Report climbed 4% and was the first stock on the show's "Pops & Drops" segment. Finerman said investors can buy the stock. 

Sanofi (SNY) - Get Report dropped 6%. Najarian said to avoid the stock. 

Adami said investors will have a great buying opportunity in Panera Bread Company (PNRA) on a slightly deeper pullback. The stock fell 4%. 

Trinity Industries (TRN) - Get Report declined 7%. Nathan said the stock will likely "be washed out" around $30. 

Guest Kathy Lien, managing director of forex strategy at BK Asset Management, said the U.S. dollar is likely to continue its rise, putting pressure on both the euro and the yen to the downside. The yen looks very vulnerable right now, Adami agreed. 

For their final trades, Nathan is selling the PowerShares QQQ Trust ETF (QQQ) - Get Report and Finerman is a buyer of Bank of America. Najarian said to buy Goldman Sachs (GS) - Get Report and Adami is buying Hewlett-Packard. 

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Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein's Weekly Options Newsletter.